The 7.79% average U.S. mortgage rate near the end of October 2023 was the highest average since the summer of 2000.

Americans saw a chance to save a few dollars on their monthly mortgage payments and took it, pushing refinance applications ...

Multiple important refinance rates have dropped. Refinance rates change daily, but experts say rates could inch down in the ...

The further mortgage rates fall, the more homeowners will be able to save money by refinancing. Here's where experts say ...

Mortgage rates continued to fall, causing more homeowners to apply to refinance at those lower rates. Homebuyers, however, ...

The lowest interest rate recorded for a 15-year mortgage was 2.10% in July 2021, according to Freddie Mac Note that this rate was for purchase mortgages. The average rate for a 15-year refinance ...

Refinancing your mortgage replaces your existing loan with a new one, but there are many different types of refinancing. Rate-and-term refinance: The most common kind of refinancing, this option ...

MBA Mortgage Applications Composite Index: +2.7% vs. +1.1% a week ago 30-year fixed-rate mortgages came in at 6.79%, compared to 6.88% last week ...

Pros and Cons of a 10-Year Mortgage Refinance If you’re considering a 10-year mortgage refinance, here are some pros and cons to keep in mind: Pros Lower interest rates.

Rates are now about a quarter of a percentage point lower than they were a year ago and a full percentage point lower than ...

Today’s ARMs are much more regulated now than they were back in 2008. Here’s what to know about how they work — and when they can be a strategic way to navigate a complicated housing market.