Refinance, Mortgage loan

Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?
The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.
Refinance Rates Tick Up to Highest Level Since July
Monday, nudging the average to a new 5-month peak. Rate movement was meanwhile mixed for other refi loan types.
Mortgage Rates Today: January 17, 2025—Rates Remain Fairly Steady
The current mortgage rate on a 30-year fixed mortgage fell by 0.02 percentage point in the last week to 7.35%, according to Curinos. Meanwhile, the APR on a 15-year fixed mortgage dropped 0.03 percentage point during the same period to 6.
Mortgage rates climb above 7%; what does that mean for housing market?
Higher interest rates add to problems with affordability that have hammered the housing market for the last two years. Prices have continued to climb despite slower sales volume, posting 17
Mortgage rates have hit 7%. What should people searching for a home do?
Mortgage rates have hit 7%. Mark Hamrick, Washington bureau chief for Bankrate, talks about what this means for borrowers and how this will affect the housing market.
U.S. Mortgage Rates Climb Above 7%, Highest Since May
The dream of homeownership is slipping further away for many Americans as mortgage rates continue to climb, with the 30-year fixed mortgage rate now exceeding 7%, as reported by Freddie Mac. This marks the highest point since last May and the fifth consecutive increase,
Mortgage rates rise above 7%
The spike comes even though the Federal Reserve hoped the opposite would occur following interest rate cut decisions last year.
When Mortgages Rate Jump to 7%, Who Can Afford a House?
Mortgage rates rose to over 7% on a 30-year fixed loan. It is the first time they have been that high since May. It is also a reminder that the days when 3% mortgages made homes more affordable are long past.
Here Are Today’s Refinance Rates: January 17, 2025—Rates Cool Off
The rate on a 30-year fixed refinance dropped today. The average rate for refinancing a 30-year fixed mortgage is currently 7 ...
Refinance Rates Wavering Near 5-Month High
After inching to a new 5-month peak at the start of the week, 30-year refi rates dipped just a point Tuesday. Other refinance ...
Today's Mortgage Rates | Good News for the Economy is Bad News for Rates
These are today's mortgage and refinance rates. The economy has remained strong in recent months, keeping mortgage rates ...
Forbes2d
Today’s 15-Year Mortgage Refinance Rates
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 ...
CBS News10d
What are today's mortgage and mortgage refinance interest rates?
If you're in the market for a new home, or you're thinking about refinancing your current mortgage, you may have faced some challenges. With high mortgage rates and a limited inventory of ...
Business Insider12d
Refinance Rates Today: Compare Mortgage Refinance Offers
See how we rate mortgages to write unbiased product reviews. When you refinance a home loan, you're replacing your current mortgage with a new one that comes with new terms. People often ...
Rate on 30-year mortgage slips past 7%. Here’s what that does to your buying power.
The elevated mortgage rates have discouraged home shoppers, prolonging a national home sales slump that began in 2022.
What the new inflation report means for mortgage rates
Mortgage rates have experienced fluctuations over the last few months, with a general upward trend in recent weeks. As of ...