When mortgage rates drop even one single percentage point, a refinance may help you see a noticeable difference in your monthly payment and total loan costs.

Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.37%, and for 20-year mortgages, the ...

If you've had your mortgage for a while or have built equity in your home, you may have considered refinancing. Refinancing is when you take out a new home loan to pay off the existing one to ...

Following a major spike in inflation — the highest it's been in decades — the Federal Reserve last year elected to raise its federal funds rate to its highest point in 23 years in response. That ...

A steady decline in mortgage rates to two-year lows has current homeowners rushing to take advantage of potential savings. Applications to refinance a home loan surged 20% last week compared with the ...

US mortgage refinancing surged last week by the most since the early days of the pandemic, as borrowing costs continued to drift lower. The Mortgage Bankers Association’s refinancing index jumped 34.5 ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Jake Safane has nearly 15 years of journalism and marketing experience on topics ...

Mortgage refinance rates have been moderating in response to rising layoffs and worries about a potential economic downturn. Despite the recent dip in rates, experts don’t expect another refinancing ...

Looking to buy a home or refinance your current one? Here are the mortgage purchase and refinance rates to know now.

Mortgage applications posted a modest increase last week, even as rates ticked slightly higher. According to MBA’s Weekly ...

US mortgage refinancing surged last week by the most since the early days of the pandemic as borrowing costs continued to drift lower. The Mortgage Bankers Association’s refinancing index jumped 34.5% ...