The rate on a 30-year fixed refinance dropped to 6.17% today, according to the Mortgage Research Center. Rates averaged 5.29% ...

Refinancing a home can be a very smart financial move for many homeowners looking to lessen the burden of paying a loan. It involves replacing your current mortgage with a new one that has favorable ...

If you bought a home in the US in the past few years, a period when mortgage rates surged to their highest levels in more than two decades, you probably had a plan: “Date the mortgage rate and marry ...

Mortgage rates started to climb in late 2021. As a result, refinance activity decreased gradually and subsided altogether by 2023. During the initial quarter of 2023, the number of new loans initiated ...

Refinancing a rental property can provide benefits, including lowering your monthly mortgage payment, interest rates and changing loan terms. There are several steps to refinance a rental property, ...

A rate-and-term refinance can help you lock in a better interest rate or a more favorable loan term. Refinancing is a time-tested financial move that can lower your mortgage payments by securing a new ...

Refinancing your mortgage can be a sound financial decision. But is it the right move for you? It depends on your unique situation, current market conditions, and what you’re looking to gain from the ...

Refinancing a mortgage temporarily lowers your credit score. Refinancing can affect your credit score for up to one year while remaining on your credit report for up to two years. To best protect your ...

Are you considering a mortgage refinance? The process is similar to taking out a loan to purchase a home, and depending on the lender, it can take between a few weeks and a month or more. Here’s what ...