Normally when someone has a low mortgage rate, they don’t refinance into a higher one ...
With the Fed’s third rate cut this year, refinancing your mortgage at a 0.50% lower rate can save you over $40,000. Here are ...
Mortgage rates haven’t been this attractive in more than a year, good news for homeowners eager to refinance. Many homeowners have already jumped at the opportunity to lower their monthly payment, ...
Mortgage Research Center. Rates averaged 5.28% for a 15-year financed mortgage and 6.06% for a 20-year financed mortgage. Related: Compare Current Refinance Rates 30-Year Refinance Rates Drop 2.12% ...
In this economic environment, nearly anything could happen. Here's what to expect for mortgage refi rates next year.
The interest rate climate has already begun to shift ahead of the Federal Reserve's expected rate cuts this month. Just this week, mortgage rates dropped substantially, falling to an average of 6.35%, ...
The rate on a 30-year fixed refinance increased to 6.28% today, according to the Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.2%. On a 20-year mortgage refinance, ...
The housing market has been tough on buyers over the past few years. Soaring home prices, bidding wars and mortgage rates that climbed from historic lows near 3% to above 7% priced out millions of ...
Mortgage rates started to climb in late 2021. As a result, refinance activity decreased gradually and subsided altogether by 2023. During the initial quarter of 2023, the number of new loans initiated ...
Caroline Basile is Forbes Advisor’s student loans and mortgages deputy editor. With experience in both the mortgage industry and as a journalist, she was previously an editor with HousingWire, where ...
Editor's note: The following was submitted to The Oregonian as an In My Opinion article. By Ira and Hazel Cheatham We have a first-hand story of what happens when predatory mortgage lenders smell home ...
We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Refinancing your ...