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

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

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 ...

Current refinance rate trends At the start of 2025, many expected inflation to keep cooling down and the Federal Reserve to cut interest rates, which would have gradually lowered mortgage ...

Multiple key refinance rates have moved down. If your mortgage rate is 1% higher than today's rate, a refinance might be worth it. Katherine Watt June 25, 2025 1:00 a.m. PT 5 min read ...

The average rate on a 15-year mortgage refinance is 5.65%. On a 20-year mortgage refinance, the average rate is 6.51%. Related: Compare Current Refinance Rates ...

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 ...

Here are seven missteps I made when refinancing my mortgage in 2009 – and what I would do differently today. I have to admit: ...