Student loan refinance rates tumble for 5-year variable-rate loans
referred to as "Credible" below, is to give you the tools and confidence you need to improve your finances.
Rates on 10-year fixed-rate refinance loans averaged 5.46%, unchanged from 5.46% the week before and up from 3.46% a year ago.
Rates for this term hit their lowest point of 2022 so far during the week of Jan. 10, when they were at 3.44%.
Rates on 5-year variable-rate refinance loans averaged 3.20%, down from 3.99% the week before and up from 2.71% a year ago.
Rates for this term hit their lowest point of 2022 so far during the week of July 4, when they were at 2.51%.
Current student loan refinancing rates by FICO score
Current student loan refinancing rates by FICO score