More than four million borrowers could potentially benefit from locking in a lower rate. Here’s what to consider.

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

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 ...

Refinancing could make sense if you want to lower your interest rate, get rid of mortgage insurance or change loan terms ...

If you’re a first-time homebuyer who hasn't saved enough to make a large down payment or are concerned you might not qualify for a conventional home loan, a Federal Housing Administration (FHA) loan ...

D eciding whether to refinance your mortgage can be a lot like playing golf. When the conditions are right and you’ve studied ...

Mortgage rates have dropped, but refinancing is not always the right move.The first rule is to check if your current rate is at least 1% higher than today’s average. For example, refinancing a ...

Whether you’re buying your first house or your forever home, understanding your monthly mortgage payment is vital before you close. It’s often the largest recurring expense in your budget, and knowing ...

With mortgage rates dropping, Jeff Rossen explains when refinancing makes financial sense and when it does not. With mortgage rates dropping, Jeff Rossen explains when refinancing makes financial ...