An economist warns that refinancing may not benefit homeowners planning to move soon, emphasizing the importance of the "breakeven point" rule.

The rate on a 30-year fixed refinance dropped to 6.17% today, according to the Mortgage Research Center. Rates averaged 5.29% ...

Interest rates have continued to impact many aspects of consumers’ lives in recent years. After record-low rates early in the pandemic gave way to mortgage rates higher than they had been for more ...

The Fed just cut rates, and many are wondering if that means it's time to refinance their mortgage or not. Our financial expert joins us to break it down.

It’s been a banner few years for refinancing. Mortgage lenders processed a whopping $2.7 trillion in refinance loans in 2021 and $2.8 trillion the year before. At one point, refinances accounted for ...

Mortgage rates have dipped to their lowest point since May 2023, averaging 6.59 percent according to a Bankrate survey. When rates are down, this opens new opportunities not just for new homebuyers, ...

Mortgage Research Center. Rates averaged 5.28% for a 15-year financed mortgage and 5.94% for a 20-year financed mortgage.

Mortgage interest rates are finally falling, and plenty of homeowners are considering whether now is the right time to refinance. In September, after the Fed announced a rate adjustment of 50 basis ...

Joshua Rodriguez is a personal finance and investing writer with a passion for his craft. When he's not working, he enjoys time with his wife, two kids and two dogs. Refinancing your home equity loan ...

In deciding whether refinancing is right for you, there's more to consider than just mortgage interest rates. Some or all of the mortgage lenders featured on our site are advertising partners of ...