The break-even point of a mortgage refinance is when the money you save is equal to what you paid in upfront closing costs.
The rate on a 30-year fixed refinance inched up today. The average rate on a 30-year fixed mortgage refinance is 7.38%, ...
We are therefore reporting today on Friday rate averages. The states with the cheapest 30-year mortgage refinance rates ...
Mortgage refi rates have fallen for a second day, lowering the 30-year average to its cheapest level since mid-October. Most ...
Lower mortgage rates may help make home buying more affordable, but other factors like rising prices and loan qualifications ...
In the post-pandemic era, home equity loan rates and home equity line of credit (HELOC) rates rose as the Federal Reserve ...
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.25% for a 15-year fixed-rate mortgage ...
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...
Jumbo 30-year refinance rates showed a more modest rise of 7 basis points. Occasionally some rate averages show a much larger ...
When the Federal Reserve lowered its benchmark interest rate by half a percentage point in September, it wasn't a ...
The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them ...
To better understand the future direction of mortgage rates, we need to understand what factors influence them.