There may come a time in your homeownership journey when you wonder if it makes sense to refinance your mortgage. It’s a decision that can help you reach goals like lowering your interest rate or ...

Mortgage Research Center. Rates averaged 5.4% for a 15-year financed mortgage and 6.07% for a 20-year financed mortgage.

Mortgage Research Center. Rates averaged 5.4% for a 15-year financed mortgage and 6.07% for a 20-year financed mortgage.

The rate on a 30-year fixed refinance decreased to 6.39% today, according to the Mortgage Research Center. Rates averaged 5.4 ...

(NewsNation) — The recent decline in mortgage rates has more Americans looking to refinance, and the Federal Reserve’s expected rate cuts could make refinancing even more attractive heading into 2025.

As mortgage rates continue to rise, it’s hard to predict if now is still a good time to refinance your mortgage. With rates staying well above the 5% mark for the foreseeable future, many homeowners ...

Refinancing your mortgage when your loan is almost paid off might make sense if your break-even period is less than two years away. Doing a cash-out refinance could also make sense, even if you’ve ...

The rate on a 30-year fixed refinance climbed to 6.37% today, according to the Mortgage Research Center. For 15-year fixed ...

For decades, the conventional wisdom about mortgage refinancing has been clear: You should swap loans only when mortgage rates have dropped a full percentage point from the rate on your original loan.

New analysis shows the break-even point for refinancing remains out of reach for most unless mortgage rates fall significantly The national analysis, which modeled typical refinance scenarios across ...

Vice President of Growth & Engagement at CBS News and Stations Jennifer Earl is the Vice President of Growth & Engagement at CBS News and Stations. Jennifer has previously written for outlets ...