Refinance Rates Decline for a Third Day
Rates on 30-year refinance loans dropped another 2 basis points Wednesday, nudging to average down to 7.03%. That's now the cheapest level for 30-year refi rates since Dec. 18. In September, 30-year refinance rates plunged to a two-year low of 6.01%. But they then surged as high as 7.30%—before recently moving lower.
These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down ...
With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...
The mortgage rate drop provides little relief for prospective shoppers looking ahead to the spring homebuying season.
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A cash-out refinance lets you borrow against your home's equity by replacing your current mortgage with a bigger one, giving ...
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