Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.42%, and for 20-year mortgages, the ...

More than four million borrowers could potentially benefit from locking in a lower rate. Here’s what to consider.

A cash-out refinance replaces your current mortgage with a new, larger one. It includes the remaining balance of your original loan plus an additional amount that you’ll withdraw in cash. This cash ...

Refinancing can be a tempting option when mortgage rates drop, but in truth, it’s not always the right choice. As of Sept. 11, the 30-year mortgage rate stood at 6.35%, falling 15 basis points from ...

And as rates decline, refinancing activity rises: Refinance applications rose 111% compared to the same week last year, according to the latest Mortgage Bankers Association’s weekly application survey ...

For many homeowners, refinancing sounds like an easy way to save money, lower payments, or free up cash. After all, as interest rates fall, why not replace your existing loan with something cheaper? A ...

A for sale sign is displayed in Skokie, Illinois, July 24. Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing ...

Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter ...

Refinancing can be a tempting option when mortgage rates drop, but in truth, it's not always the right choice. As of Sept. 11, the 30-year mortgage rate stood at 6.35%, falling 15 basis points from ...