Mortgage Refinance Rates Rise
Mortgage Refinance Rates Rise After 3-Day Decline
Mortgage refi rates increased slightly on Thursday after three days of declining averages. Last week, 30-year mortgage refinance rates plunged to a 19-month low.
With Mortgage Rates Dropping, Should You Refinance?
Mortgage rates have fallen significantly in 2024, opening the door for recent buyers to refinance. But the interest rate you pay isn't the only consideration when deciding whether to refinance your mortgage.
15-year Mortgage Refinance Rates: Compare Current Rates
Check out our guide on 15-year mortgage refinance rates in 2024. Learn how to get the best rates, understand market trends, and calculate potential savings.
Mortgage Refinance Rates Drop for a Third Day
After plunging last week to a 19-month low, but then rising back up, 30-year refi rates have again begun dropping—three days in a row. Most other refi rates have also dipped.
Falling mortgage rates have some homeowners ready to refi — but only some
That was largely thanks to refinance applications; those were up 20%. Falling interest rates are convincing borrowers to take another look at their existing mortgages — at least some borrowers. The number of people who could benefit from refinancing has been growing over the last few weeks.
Mortgage Rates Are Plunging -- Is it Time For You to Refinance Yet?
Mortgage rates have fallen to their lowest level since early 2023. Should you apply to refinance? Keep reading to find out.
When to Refinance a Mortgage: Find the Best Time Today
There are a lot of reasons why people decide to refinance a mortgage. You may want to take advantage of lower interest rates, which can save you thousands of dollars. Or, you might want to access some of the equity you’ve built up in your home for a big project.
Should You Refinance Your Mortgage Now That the Fed Just Cut Rates?
Refinancing your mortgage can help you get a lower monthly payment. You also have the opportunity to change up your loan type and term. A cash-out refinance is another mortgage refinancing option that lets you convert home equity into cash. That lump sum could pay for a home renovation or to retire high-interest credit card or student loan debt.
Is it time to refinance your mortgage? It depends
Applications to refinance a home loan surged 20% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Demand was 175% higher than the same week one year ago.
Some Homeowners Are Refinancing Their Mortgages at Higher Rates. You Might Be Surprised Why
If you ever thought about refinancing your mortgage, your goal is probably to find a lower interest rate and reduce your monthly payments. After all, most homeowners aren’t inclined to trade in their current mortgage rate for a more expensive one.
Refinancing vs. a Reverse Mortgage: Which Will Save You More Money?
When you need cash and own a home, your equity is valuable. But should you refinance your home or get a reverse mortgage instead? Let’s look at the options.
Mortgage refinance boom takes hold as weekly demand surges 20%
Mortgage rates haven’t moved much to start this week, and will likely wait for more pressing economic data later in the week ...
Long-term mortgage rates drop to 2-year low
Mortgage rates showed little movement this week with 15-year mortgages ticking up, but the average 30-year fixed-rate ...
Mortgage rates came down, but aren't heading as low as you might remember
The 30-year mortgage averaged 6.09%, according to Freddie Mac -- a big drop from a 7.79% spike last year. Where are rates ...
Here's Why Signing a Mortgage Could Get Cheaper After September
Not only have home prices been elevated due to a glaring lack of real estate inventory, but mortgage rates have been elevated ...