The rate on a 30-year fixed refinance increased to 6.77% today, according to the Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.67%. For 20-year mortgage refinances,

Freddie Mac’s rate for a 30-year fixed rate mortgage increased for the first time in six weeks and is now averaging 6.72%.

The cheapest fixed rate mortgages have edged lower once again thanks to another wave of rate cuts by lenders this week.