The biggest move you can make, without moving.
Refinance your mortgage with KeyBank today.
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 eligible clients1 2 and expert mortgage loan officers to guide you through every step.
Rate-and-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.
Current Mortgage Refinance Rates
Where is your home located?
- Alaska
- Colorado
- Connecticut
- Idaho
- Indiana
- Maine
- Massachusetts
- Michigan
- New York
- Ohio
- Oregon
- Pennsylvania
- Utah
- Vermont
- Washington
Today’s mortgage refinance interest rates for KeyBank clients in Alaska
Rates effective as of 2:00 PM ET on Friday, January 15, 2021
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 2.990% | 3.058% |
| 15 Fixed Rate | 2.500% | 2.624% |
| 7/6 mo. Adjustable Rate* | 2.750% | 2.843% |
| 5/6 mo. Adjustable Rate* | 2.750% | 2.997% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate-and-term refinance mortgage loan amount of $175,000 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 eligible KeyBank checking and savings or investment accounts, mortgage rate lock period of 90 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.
Today’s mortgage refinance interest rates for KeyBank clients in Colorado
Rates effective as of 2:00 PM ET on Friday, January 15, 2021
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 2.990% | 3.105% |
| 15 Fixed Rate | 2.500% | 2.708% |
| 7/6 mo. Adjustable Rate* | 2.750% | 2.842% |
| 5/6 mo. Adjustable Rate* | 2.750% | 2.997% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate-and-term refinance mortgage loan amount of $175,000 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 eligible KeyBank checking and savings or investment accounts, mortgage rate lock period of 90 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.
Today’s mortgage refinance interest rates for KeyBank clients in Connecticut
Rates effective as of 2:00 PM ET on Friday, January 15, 2021
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 2.990% | 3.073% |
| 15 Fixed Rate | 2.500% | 2.651% |
| 7/6 mo. Adjustable Rate* | 2.750% | 2.843% |
| 5/6 mo. Adjustable Rate* | 2.750% | 2.997% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate-and-term refinance mortgage loan amount of $175,000 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 eligible KeyBank checking and savings or investment accounts, mortgage rate lock period of 90 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.
Today’s mortgage refinance interest rates for KeyBank clients in Idaho
Rates effective as of 2:00 PM ET on Friday, January 15, 2021
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 2.990% | 3.065% |
| 15 Fixed Rate | 2.500% | 2.637% |
| 7/6 mo. Adjustable Rate* | 2.750% | 2.843% |
| 5/6 mo. Adjustable Rate* | 2.750% | 2.997% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate-and-term refinance mortgage loan amount of $175,000 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 eligible KeyBank checking and savings or investment accounts, mortgage rate lock period of 90 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.
Today’s mortgage refinance interest rates for KeyBank clients in Indiana
Rates effective as of 2:00 PM ET on Friday, January 15, 2021
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 2.990% | 3.083% |
| 15 Fixed Rate | 2.500% | 2.668% |
| 7/6 mo. Adjustable Rate* | 2.750% | 2.842% |
| 5/6 mo. Adjustable Rate* | 2.750% | 2.997% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate-and-term refinance mortgage loan amount of $175,000 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 eligible KeyBank checking and savings or investment accounts, mortgage rate lock period of 90 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.
Today’s mortgage refinance interest rates for KeyBank clients in Maine
Rates effective as of 2:00 PM ET on Friday, January 15, 2021
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 2.990% | 3.078% |
| 15 Fixed Rate | 2.500% | 2.659% |
| 7/6 mo. Adjustable Rate* | 2.750% | 2.843% |
| 5/6 mo. Adjustable Rate* | 2.750% | 2.997% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate-and-term refinance mortgage loan amount of $175,000 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 eligible KeyBank checking and savings or investment accounts, mortgage rate lock period of 90 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.
Today’s mortgage refinance interest rates for KeyBank clients in Massachusetts
Rates effective as of 2:00 PM ET on Friday, January 15, 2021
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 2.990% | 3.073% |
| 15 Fixed Rate | 2.500% | 2.651% |
| 7/6 mo. Adjustable Rate* | 2.750% | 2.843% |
| 5/6 mo. Adjustable Rate* | 2.750% | 2.997% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate-and-term refinance mortgage loan amount of $175,000 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 eligible KeyBank checking and savings or investment accounts, mortgage rate lock period of 90 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.
Today’s mortgage refinance interest rates for KeyBank clients in Michigan
Rates effective as of 2:00 PM ET on Friday, January 15, 2021
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 2.990% | 3.085% |
| 15 Fixed Rate | 2.500% | 2.672% |
| 7/6 mo. Adjustable Rate* | 2.750% | 2.842% |
| 5/6 mo. Adjustable Rate* | 2.750% | 2.997% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate-and-term refinance mortgage loan amount of $175,000 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 eligible KeyBank checking and savings or investment accounts, mortgage rate lock period of 90 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.
Today’s mortgage refinance interest rates for KeyBank clients in New York
Rates effective as of 2:00 PM ET on Friday, January 15, 2021
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 2.990% | 3.084% |
| 15 Fixed Rate | 2.500% | 2.670% |
| 7/6 mo. Adjustable Rate* | 2.750% | 2.842% |
| 5/6 mo. Adjustable Rate* | 2.750% | 2.997% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate-and-term refinance mortgage loan amount of $175,000 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 eligible KeyBank checking and savings or investment accounts, mortgage rate lock period of 90 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.
Today’s mortgage refinance interest rates for KeyBank clients in Ohio
Rates effective as of 2:00 PM ET on Friday, January 15, 2021
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 2.990% | 3.092% |
| 15 Fixed Rate | 2.500% | 2.685% |
| 7/6 mo. Adjustable Rate* | 2.750% | 2.842% |
| 5/6 mo. Adjustable Rate* | 2.750% | 2.997% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate-and-term refinance mortgage loan amount of $175,000 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 eligible KeyBank checking and savings or investment accounts, mortgage rate lock period of 90 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.
Today’s mortgage refinance interest rates for KeyBank clients in Oregon
Rates effective as of 2:00 PM ET on Friday, January 15, 2021
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 2.990% | 3.078% |
| 15 Fixed Rate | 2.500% | 2.659% |
| 7/6 mo. Adjustable Rate* | 2.750% | 2.843% |
| 5/6 mo. Adjustable Rate* | 2.750% | 2.997% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate-and-term refinance mortgage loan amount of $175,000 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 eligible KeyBank checking and savings or investment accounts, mortgage rate lock period of 90 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.
Today’s mortgage refinance interest rates for KeyBank clients in Pennsylvania
Rates effective as of 2:00 PM ET on Friday, January 15, 2021
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 2.990% | 3.094% |
| 15 Fixed Rate | 2.500% | 2.688% |
| 7/6 mo. Adjustable Rate* | 2.750% | 2.842% |
| 5/6 mo. Adjustable Rate* | 2.750% | 2.997% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate-and-term refinance mortgage loan amount of $175,000 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 eligible KeyBank checking and savings or investment accounts, mortgage rate lock period of 90 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.
Today’s mortgage refinance interest rates for KeyBank clients in Utah
Rates effective as of 2:00 PM ET on Friday, January 15, 2021
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 2.990% | 3.076% |
| 15 Fixed Rate | 2.500% | 2.656% |
| 7/6 mo. Adjustable Rate* | 2.750% | 2.843% |
| 5/6 mo. Adjustable Rate* | 2.750% | 2.997% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate-and-term refinance mortgage loan amount of $175,000 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 eligible KeyBank checking and savings or investment accounts, mortgage rate lock period of 90 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.
Today’s mortgage interest refinance rates for KeyBank clients in Vermont
Rates effective as of 2:00 PM ET on Friday, January 15, 2021
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 2.990% | 3.085% |
| 15 Fixed Rate | 2.500% | 2.673% |
| 7/6 mo. Adjustable Rate* | 2.750% | 2.842% |
| 5/6 mo. Adjustable Rate* | 2.750% | 2.997% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate-and-term refinance mortgage loan amount of $175,000 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 eligible KeyBank checking and savings or investment accounts, mortgage rate lock period of 90 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.
Today’s mortgage refinance interest rates for KeyBank clients in Washington
Rates effective as of 2:00 PM ET on Friday, January 15, 2021
| Mortgage Type | Interest Rate | APR |
|---|---|---|
| 30 Fixed Rate | 2.990% | 3.087% |
| 15 Fixed Rate | 2.500% | 2.675% |
| 7/6 mo. Adjustable Rate* | 2.750% | 2.842% |
| 5/6 mo. Adjustable Rate* | 2.750% | 2.997% |
What to know about the above mortgage refinance rates:
Rates shown are based on a conforming, first-lien position, rate-and-term refinance mortgage loan amount of $175,000 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 eligible KeyBank checking and savings or investment accounts, mortgage rate lock period of 90 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.
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
- What is a mortgage refinance?
-
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.
- How do I get a cash-out refinance for home improvements or other major expenses?
-
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.
