And as rates decline, refinancing activity rises: Refinance applications rose 111% compared to the same week last year, according to the latest Mortgage Bankers Association’s weekly application survey ...

Mortgage Research Center. Rates averaged 5.41% for a 15-year financed mortgage and 6.06% for a 20-year financed mortgage.

The rate on a 30-year fixed refinance fell to 6.38% today, according to the Mortgage Research Center. Rates averaged 5.39% ...

Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter ...

Homeowners who locked in mortgage rates above 7% during the 2022 peak could save an average of $266 per month by refinancing now, as the average 30-year fixed rate has fallen to 6.81% as of October 12 ...

Homeowners typically refinance if they can get better interest rates. Refinancing can also be a good idea if you want to change your mortgage term, remove mortgage insurance or switch from a variable ...

For many homeowners, refinancing sounds like an easy way to save money, lower payments, or free up cash. After all, as interest rates fall, why not replace your existing loan with something cheaper? A ...

Homeowners consider refinancing for lower rates, lower monthly payments, debt consolidation, or better loan terms. Refinancing can save money, improve cash flow, and eliminate mortgage insurance costs ...

Here are five key reasons why a cash-out refinance may be the right choice for you: With credit card interest rates often topping 20% or more, a cash-out refinance can be a financial game-changer.