When rates dip or your personal finances change, it could be a good time to refinance your mortgage. Depending on your situation, you might use a new mortgage to get cash out or to gain a lower interest rate with lower monthly payments or a shorter term. Your KeyBank mortgage loan officer will talk you through all of your options, so you’ll always know exactly what to expect.
You’ve Got Options
There’s more than one way to refinance your mortgage. At KeyBank, they both come with competitive rates, a .25% interest rate discount for clients who set up automatic payments from an eligible KeyBank checking account1,2 and expert mortgage loan officers to guide you through every step.
Rate/term refinance
Take out a mortgage with more favorable terms so you can save money with a lower interest rate or a shorter loan length.
Cash-out refinance
Take out a larger mortgage amount than you currently owe so you can access your equity in cash to use for whatever you need, from renovations and major expenses to paying off debt.
Compare Mortgage Refinance Rates
Where is your home located?
Mortgage refinance interest rates for KeyBank clients in Alaska
Last updated at 03:00 PM ET on Monday, March 20, 2023
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 6.250% | 6.381% |
| 15 Fixed Rate | 5.375% | 5.703% |
| 7/6 mo. Adjustable Rate* | 7.000% | 7.234% |
| 5/6 mo. Adjustable Rate* | 7.125% | 7.345% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate/term refinance mortgage loan amount of $250,000 for a single-family, owner-occupied residence with a maximum loan-to-value ratio of 75%, a 0.25% interest rate discount,1 2 for a qualified client with automatic payments from an eligible KeyBank checking account, mortgage rate lock period of 60 days, an excellent credit profile including a FICO score of 740 or higher, and a debt-to-income ratio of 36% or lower. Your actual rate may be higher or lower than those shown based on information relating to these factors as determined after you apply.
For your personalized rate quote, contact a Mortgage Loan Officer.
*Adjustable Rate Mortgage (ARM) interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/6 mo. ARM, 7 years for a 7/6 mo. ARM) and assume a 30-year repayment term.
FHA, VA and other mortgage loan terms and programs are available.
Learn more about estimated mortgage refinance payments.
Interested in buying a home? View our purchase mortgage rates.
Mortgage Terms & Conditions:
The Annual Percentage Rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. The APR shown is based on interest rate, points and certain estimated finance charges. Your actual APR may be different.
Mortgage refinance interest rates for KeyBank clients in Colorado
Last updated at 03:00 PM ET on Monday, March 20, 2023
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 6.250% | 6.420% |
| 15 Fixed Rate | 5.375% | 5.768% |
| 7/6 mo. Adjustable Rate* | 7.000% | 7.234% |
| 5/6 mo. Adjustable Rate* | 7.125% | 7.345% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate/term refinance mortgage loan amount of $250,000 for a single-family, owner-occupied residence with a maximum loan-to-value ratio of 75%, a 0.25% interest rate discount,1 2 for a qualified client with automatic payments from an eligible KeyBank checking account, mortgage rate lock period of 60 days, an excellent credit profile including a FICO score of 740 or higher, and a debt-to-income ratio of 36% or lower. Your actual rate may be higher or lower than those shown based on information relating to these factors as determined after you apply.
For your personalized rate quote, contact a Mortgage Loan Officer.
*Adjustable Rate Mortgage (ARM) interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/6 mo. ARM, 7 years for a 7/6 mo. ARM) and assume a 30-year repayment term.
FHA, VA and other mortgage loan terms and programs are available.
Learn more about estimated mortgage refinance payments.
Interested in buying a home? View our purchase mortgage rates.
Mortgage Terms & Conditions:
The Annual Percentage Rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. The APR shown is based on interest rate, points and certain estimated finance charges. Your actual APR may be different.
Mortgage refinance interest rates for KeyBank clients in Connecticut
Last updated at 03:00 PM ET on Monday, March 20, 2023
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 6.250% | 6.393% |
| 15 Fixed Rate | 5.375% | 5.724% |
| 7/6 mo. Adjustable Rate* | 7.000% | 7.234% |
| 5/6 mo. Adjustable Rate* | 7.125% | 7.345% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate/term refinance mortgage loan amount of $250,000 for a single-family, owner-occupied residence with a maximum loan-to-value ratio of 75%, a 0.25% interest rate discount,1 2 for a qualified client with automatic payments from an eligible KeyBank checking account, mortgage rate lock period of 60 days, an excellent credit profile including a FICO score of 740 or higher, and a debt-to-income ratio of 36% or lower. Your actual rate may be higher or lower than those shown based on information relating to these factors as determined after you apply.
For your personalized rate quote, contact a Mortgage Loan Officer.
*Adjustable Rate Mortgage (ARM) interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/6 mo. ARM, 7 years for a 7/6 mo. ARM) and assume a 30-year repayment term.
FHA, VA and other mortgage loan terms and programs are available.
Learn more about estimated mortgage refinance payments.
Interested in buying a home? View our purchase mortgage rates.
Mortgage Terms & Conditions:
The Annual Percentage Rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. The APR shown is based on interest rate, points and certain estimated finance charges. Your actual APR may be different.
Mortgage refinance interest rates for KeyBank clients in Idaho
Last updated at 03:00 PM ET on Monday, March 20, 2023
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 6.250% | 6.387% |
| 15 Fixed Rate | 5.375% | 5.713% |
| 7/6 mo. Adjustable Rate* | 7.000% | 7.234% |
| 5/6 mo. Adjustable Rate* | 7.125% | 7.345% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate/term refinance mortgage loan amount of $250,000 for a single-family, owner-occupied residence with a maximum loan-to-value ratio of 75%, a 0.25% interest rate discount,1 2 for a qualified client with automatic payments from an eligible KeyBank checking account, mortgage rate lock period of 60 days, an excellent credit profile including a FICO score of 740 or higher, and a debt-to-income ratio of 36% or lower. Your actual rate may be higher or lower than those shown based on information relating to these factors as determined after you apply.
For your personalized rate quote, contact a Mortgage Loan Officer.
*Adjustable Rate Mortgage (ARM) interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/6 mo. ARM, 7 years for a 7/6 mo. ARM) and assume a 30-year repayment term.
FHA, VA and other mortgage loan terms and programs are available.
Learn more about estimated mortgage refinance payments.
Interested in buying a home? View our purchase mortgage rates.
Mortgage Terms & Conditions:
The Annual Percentage Rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. The APR shown is based on interest rate, points and certain estimated finance charges. Your actual APR may be different.
Mortgage refinance interest rates for KeyBank clients in Indiana
Last updated at 03:00 PM ET on Monday, March 20, 2023
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 6.250% | 6.402% |
| 15 Fixed Rate | 5.375% | 5.737% |
| 7/6 mo. Adjustable Rate* | 7.000% | 7.234% |
| 5/6 mo. Adjustable Rate* | 7.125% | 7.345% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate/term refinance mortgage loan amount of $250,000 for a single-family, owner-occupied residence with a maximum loan-to-value ratio of 75%, a 0.25% interest rate discount,1 2 for a qualified client with automatic payments from an eligible KeyBank checking account, mortgage rate lock period of 60 days, an excellent credit profile including a FICO score of 740 or higher, and a debt-to-income ratio of 36% or lower. Your actual rate may be higher or lower than those shown based on information relating to these factors as determined after you apply.
For your personalized rate quote, contact a Mortgage Loan Officer.
*Adjustable Rate Mortgage (ARM) interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/6 mo. ARM, 7 years for a 7/6 mo. ARM) and assume a 30-year repayment term.
FHA, VA and other mortgage loan terms and programs are available.
Learn more about estimated mortgage refinance payments.
Interested in buying a home? View our purchase mortgage rates.
Mortgage Terms & Conditions:
The Annual Percentage Rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. The APR shown is based on interest rate, points and certain estimated finance charges. Your actual APR may be different.
Mortgage refinance interest rates for KeyBank clients in Maine
Last updated at 03:00 PM ET on Monday, March 20, 2023
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 6.250% | 6.397% |
| 15 Fixed Rate | 5.375% | 5.730% |
| 7/6 mo. Adjustable Rate* | 7.000% | 7.234% |
| 5/6 mo. Adjustable Rate* | 7.125% | 7.345% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate/term refinance mortgage loan amount of $250,000 for a single-family, owner-occupied residence with a maximum loan-to-value ratio of 75%, a 0.25% interest rate discount,1 2 for a qualified client with automatic payments from an eligible KeyBank checking account, mortgage rate lock period of 60 days, an excellent credit profile including a FICO score of 740 or higher, and a debt-to-income ratio of 36% or lower. Your actual rate may be higher or lower than those shown based on information relating to these factors as determined after you apply.
For your personalized rate quote, contact a Mortgage Loan Officer.
*Adjustable Rate Mortgage (ARM) interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/6 mo. ARM, 7 years for a 7/6 mo. ARM) and assume a 30-year repayment term.
FHA, VA and other mortgage loan terms and programs are available.
Learn more about estimated mortgage refinance payments.
Interested in buying a home? View our purchase mortgage rates.
Mortgage Terms & Conditions:
The Annual Percentage Rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. The APR shown is based on interest rate, points and certain estimated finance charges. Your actual APR may be different.
Mortgage refinance interest rates for KeyBank clients in Massachusetts
Last updated at 03:00 PM ET on Monday, March 20, 2023
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 6.250% | 6.393% |
| 15 Fixed Rate | 5.375% | 5.724% |
| 7/6 mo. Adjustable Rate* | 7.000% | 7.234% |
| 5/6 mo. Adjustable Rate* | 7.125% | 7.345% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate/term refinance mortgage loan amount of $250,000 for a single-family, owner-occupied residence with a maximum loan-to-value ratio of 75%, a 0.25% interest rate discount,1 2 for a qualified client with automatic payments from an eligible KeyBank checking account, mortgage rate lock period of 60 days, an excellent credit profile including a FICO score of 740 or higher, and a debt-to-income ratio of 36% or lower. Your actual rate may be higher or lower than those shown based on information relating to these factors as determined after you apply.
For your personalized rate quote, contact a Mortgage Loan Officer.
*Adjustable Rate Mortgage (ARM) interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/6 mo. ARM, 7 years for a 7/6 mo. ARM) and assume a 30-year repayment term.
FHA, VA and other mortgage loan terms and programs are available.
Learn more about estimated mortgage refinance payments.
Interested in buying a home? View our purchase mortgage rates.
Mortgage Terms & Conditions:
The Annual Percentage Rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. The APR shown is based on interest rate, points and certain estimated finance charges. Your actual APR may be different.
Mortgage refinance interest rates for KeyBank clients in Michigan
Last updated at 03:00 PM ET on Monday, March 20, 2023
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 6.250% | 6.403% |
| 15 Fixed Rate | 5.375% | 5.740% |
| 7/6 mo. Adjustable Rate* | 7.000% | 7.234% |
| 5/6 mo. Adjustable Rate* | 7.125% | 7.345% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate/term refinance mortgage loan amount of $250,000 for a single-family, owner-occupied residence with a maximum loan-to-value ratio of 75%, a 0.25% interest rate discount,1 2 for a qualified client with automatic payments from an eligible KeyBank checking account, mortgage rate lock period of 60 days, an excellent credit profile including a FICO score of 740 or higher, and a debt-to-income ratio of 36% or lower. Your actual rate may be higher or lower than those shown based on information relating to these factors as determined after you apply.
For your personalized rate quote, contact a Mortgage Loan Officer.
*Adjustable Rate Mortgage (ARM) interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/6 mo. ARM, 7 years for a 7/6 mo. ARM) and assume a 30-year repayment term.
FHA, VA and other mortgage loan terms and programs are available.
Learn more about estimated mortgage refinance payments.
Interested in buying a home? View our purchase mortgage rates.
Mortgage Terms & Conditions:
The Annual Percentage Rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. The APR shown is based on interest rate, points and certain estimated finance charges. Your actual APR may be different.
Mortgage refinance interest rates for KeyBank clients in New York
Last updated at 03:00 PM ET on Monday, March 20, 2023
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 6.250% | 6.403% |
| 15 Fixed Rate | 5.375% | 5.739% |
| 7/6 mo. Adjustable Rate* | 7.000% | 7.234% |
| 5/6 mo. Adjustable Rate* | 7.125% | 7.345% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate/term refinance mortgage loan amount of $250,000 for a single-family, owner-occupied residence with a maximum loan-to-value ratio of 75%, a 0.25% interest rate discount,1 2 for a qualified client with automatic payments from an eligible KeyBank checking account, mortgage rate lock period of 60 days, an excellent credit profile including a FICO score of 740 or higher, and a debt-to-income ratio of 36% or lower. Your actual rate may be higher or lower than those shown based on information relating to these factors as determined after you apply.
For your personalized rate quote, contact a Mortgage Loan Officer.
*Adjustable Rate Mortgage (ARM) interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/6 mo. ARM, 7 years for a 7/6 mo. ARM) and assume a 30-year repayment term.
FHA, VA and other mortgage loan terms and programs are available.
Learn more about estimated mortgage refinance payments.
Interested in buying a home? View our purchase mortgage rates.
Mortgage Terms & Conditions:
The Annual Percentage Rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. The APR shown is based on interest rate, points and certain estimated finance charges. Your actual APR may be different.
Mortgage refinance interest rates for KeyBank clients in Ohio
Last updated at 03:00 PM ET on Monday, March 20, 2023
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 6.250% | 6.410% |
| 15 Fixed Rate | 5.375% | 5.750% |
| 7/6 mo. Adjustable Rate* | 7.000% | 7.234% |
| 5/6 mo. Adjustable Rate* | 7.125% | 7.345% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate/term refinance mortgage loan amount of $250,000 for a single-family, owner-occupied residence with a maximum loan-to-value ratio of 75%, a 0.25% interest rate discount,1 2 for a qualified client with automatic payments from an eligible KeyBank checking account, mortgage rate lock period of 60 days, an excellent credit profile including a FICO score of 740 or higher, and a debt-to-income ratio of 36% or lower. Your actual rate may be higher or lower than those shown based on information relating to these factors as determined after you apply.
For your personalized rate quote, contact a Mortgage Loan Officer.
*Adjustable Rate Mortgage (ARM) interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/6 mo. ARM, 7 years for a 7/6 mo. ARM) and assume a 30-year repayment term.
FHA, VA and other mortgage loan terms and programs are available.
Learn more about estimated mortgage refinance payments.
Interested in buying a home? View our purchase mortgage rates.
Mortgage Terms & Conditions:
The Annual Percentage Rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. The APR shown is based on interest rate, points and certain estimated finance charges. Your actual APR may be different.
Mortgage refinance interest rates for KeyBank clients in Oregon
Last updated at 03:00 PM ET on Monday, March 20, 2023
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 6.250% | 6.397% |
| 15 Fixed Rate | 5.375% | 5.730% |
| 7/6 mo. Adjustable Rate* | 7.000% | 7.234% |
| 5/6 mo. Adjustable Rate* | 7.125% | 7.345% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate/term refinance mortgage loan amount of $250,000 for a single-family, owner-occupied residence with a maximum loan-to-value ratio of 75%, a 0.25% interest rate discount,1 2 for a qualified client with automatic payments from an eligible KeyBank checking account, mortgage rate lock period of 60 days, an excellent credit profile including a FICO score of 740 or higher, and a debt-to-income ratio of 36% or lower. Your actual rate may be higher or lower than those shown based on information relating to these factors as determined after you apply.
For your personalized rate quote, contact a Mortgage Loan Officer.
*Adjustable Rate Mortgage (ARM) interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/6 mo. ARM, 7 years for a 7/6 mo. ARM) and assume a 30-year repayment term.
FHA, VA and other mortgage loan terms and programs are available.
Learn more about estimated mortgage refinance payments.
Interested in buying a home? View our purchase mortgage rates.
Mortgage Terms & Conditions:
The Annual Percentage Rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. The APR shown is based on interest rate, points and certain estimated finance charges. Your actual APR may be different.
Mortgage refinance interest rates for KeyBank clients in Pennsylvania
Last updated at 03:00 PM ET on Monday, March 20, 2023
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 6.250% | 6.411% |
| 15 Fixed Rate | 5.375% | 5.753% |
| 7/6 mo. Adjustable Rate* | 7.000% | 7.234% |
| 5/6 mo. Adjustable Rate* | 7.125% | 7.345% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate/term refinance mortgage loan amount of $250,000 for a single-family, owner-occupied residence with a maximum loan-to-value ratio of 75%, a 0.25% interest rate discount,1 2 for a qualified client with automatic payments from an eligible KeyBank checking account, mortgage rate lock period of 60 days, an excellent credit profile including a FICO score of 740 or higher, and a debt-to-income ratio of 36% or lower. Your actual rate may be higher or lower than those shown based on information relating to these factors as determined after you apply.
For your personalized rate quote, contact a Mortgage Loan Officer.
*Adjustable Rate Mortgage (ARM) interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/6 mo. ARM, 7 years for a 7/6 mo. ARM) and assume a 30-year repayment term.
FHA, VA and other mortgage loan terms and programs are available.
Learn more about estimated mortgage refinance payments.
Interested in buying a home? View our purchase mortgage rates.
Mortgage Terms & Conditions:
The Annual Percentage Rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. The APR shown is based on interest rate, points and certain estimated finance charges. Your actual APR may be different.
Mortgage refinance interest rates for KeyBank clients in Utah
Last updated at 03:00 PM ET on Monday, March 20, 2023
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 6.250% | 6.396% |
| 15 Fixed Rate | 5.375% | 5.727% |
| 7/6 mo. Adjustable Rate* | 7.000% | 7.234% |
| 5/6 mo. Adjustable Rate* | 7.125% | 7.345% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate/term refinance mortgage loan amount of $250,000 for a single-family, owner-occupied residence with a maximum loan-to-value ratio of 75%, a 0.25% interest rate discount,1 2 for a qualified client with automatic payments from an eligible KeyBank checking account, mortgage rate lock period of 60 days, an excellent credit profile including a FICO score of 740 or higher, and a debt-to-income ratio of 36% or lower. Your actual rate may be higher or lower than those shown based on information relating to these factors as determined after you apply.
For your personalized rate quote, contact a Mortgage Loan Officer.
*Adjustable Rate Mortgage (ARM) interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/6 mo. ARM, 7 years for a 7/6 mo. ARM) and assume a 30-year repayment term.
FHA, VA and other mortgage loan terms and programs are available.
Learn more about estimated mortgage refinance payments.
Interested in buying a home? View our purchase mortgage rates.
Mortgage Terms & Conditions:
The Annual Percentage Rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. The APR shown is based on interest rate, points and certain estimated finance charges. Your actual APR may be different.
Mortgage refinance interest rates for KeyBank clients in Vermont
Last updated at 03:00 PM ET on Monday, March 20, 2023
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 6.250% | 6.404% |
| 15 Fixed Rate | 5.375% | 5.741% |
| 7/6 mo. Adjustable Rate* | 7.000% | 7.234% |
| 5/6 mo. Adjustable Rate* | 7.125% | 7.345% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate/term refinance mortgage loan amount of $250,000 for a single-family, owner-occupied residence with a maximum loan-to-value ratio of 75%, a 0.25% interest rate discount,1 2 for a qualified client with automatic payments from an eligible KeyBank checking account, mortgage rate lock period of 60 days, an excellent credit profile including a FICO score of 740 or higher, and a debt-to-income ratio of 36% or lower. Your actual rate may be higher or lower than those shown based on information relating to these factors as determined after you apply.
For your personalized rate quote, contact a Mortgage Loan Officer.
*Adjustable Rate Mortgage (ARM) interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/6 mo. ARM, 7 years for a 7/6 mo. ARM) and assume a 30-year repayment term.
FHA, VA and other mortgage loan terms and programs are available.
Learn more about estimated mortgage refinance payments.
Interested in buying a home? View our purchase mortgage rates.
Mortgage Terms & Conditions:
The Annual Percentage Rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. The APR shown is based on interest rate, points and certain estimated finance charges. Your actual APR may be different.
Mortgage refinance interest rates for KeyBank clients in Washington
Last updated at 03:00 PM ET on Monday, March 20, 2023
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 6.250% | 6.405% |
| 15 Fixed Rate | 5.375% | 5.743% |
| 7/6 mo. Adjustable Rate* | 7.000% | 7.234% |
| 5/6 mo. Adjustable Rate* | 7.125% | 7.345% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate/term refinance mortgage loan amount of $250,000 for a single-family, owner-occupied residence with a maximum loan-to-value ratio of 75%, a 0.25% interest rate discount,1 2 for a qualified client with automatic payments from an eligible KeyBank checking account, mortgage rate lock period of 60 days, an excellent credit profile including a FICO score of 740 or higher, and a debt-to-income ratio of 36% or lower. Your actual rate may be higher or lower than those shown based on information relating to these factors as determined after you apply.
For your personalized rate quote, contact a Mortgage Loan Officer.
*Adjustable Rate Mortgage (ARM) interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/6 mo. ARM, 7 years for a 7/6 mo. ARM) and assume a 30-year repayment term.
FHA, VA and other mortgage loan terms and programs are available.
Learn more about estimated mortgage refinance payments.
Interested in buying a home? View our purchase mortgage rates.
Mortgage Terms & Conditions:
The Annual Percentage Rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. The APR shown is based on interest rate, points and certain estimated finance charges. Your actual APR may be different.
Let’s Get Started
Ask questions, compare interest rates and explore your options to see if a mortgage refinance is right for you.
Frequently Asked Questions
A refinanced mortgage gives a homeowner a new mortgage loan to replace the existing one. The amount, rate and term of the new loan can be tailored to the homeowner’s needs. You can refinance to have a lower monthly mortgage payment, take out cash for home improvements or other expenses, and more. Learn more about refinancing a house.
If you have equity in your home, you may be able get cash out when you close your loan. A KeyBank mortgage loan officer will be able to tell you more about whether a mortgage refinance or home equity loan or line would better meet your needs.
NOTICE: This is not a commitment to lend or extend credit. Conditions and restrictions may apply. All home lending products, including mortgage, home equity loans and home equity lines of credit, are subject to credit and collateral approval. Not all home lending products are available in all states. Hazard insurance and, if applicable, flood insurance are required on collateral property. Actual rates, fees, and terms are based on those offered as of the date of application and are subject to change without notice. Mortgage and Home Equity Lending products offered by KeyBank are not FDIC insured or guaranteed.
NMLS# 399797
1
Borrower may choose to take advantage of the offered 0.25% interest rate discount by electing to enroll in automated recurring mortgage payments from an eligible KeyBank checking account. An eligible checking account includes those consumer deposit accounts designated as checking accounts by KeyBank or the KeyBank Hassle-Free Account®. Borrower may open eligible KeyBank checking account to qualify for the interest rate discount. Normal checking account service charges apply. Refer to specific checking account disclosures for details. Authorization agreement to automatically debit mortgage payments from a KeyBank deposit account must be signed and completed prior to loan closing.
2
For fixed-rate mortgages, the 0.25% rate discount is a permanent interest rate reduction that will be reflected in the Promissory Note interest rate. For adjustable-rate mortgages, the 0.25% rate discount will apply to the initial fixed interest rate period and will be reflected in the maximum amount the interest rate can increase over the term of the loan, subject to the minimum interest rate that may be charged per the terms of the Promissory Note.
Interest rate discount may not be available for all products. May be combinable with other offers. Ask us for details.
