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

Mortgage Research Center. Rates averaged 5.28% for a 15-year financed mortgage and 5.94% for a 20-year financed mortgage.

Refinancing could be a smart financial move if you want to save money on your mortgage. It might help you lower your monthly payment, adjust your loan terms, lock in a better interest rate or tap into ...

How does refinancing a mortgage work? A mortgage refinance swaps out your old mortgage with a new one, including a fresh set of terms and interest rate. It may or may not come with financial benefits, ...

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 ...

The past year has been a whirlwind for the mortgage industry. During the first week in January, the average 30-year mortgage rate was 6.62%, according to data from Freddie Mac. Rates continued to ...

Homeowners typically refinance if they can get better interest rates. Refinancing can also be a good idea if you want to change your mortgage term, remove mortgage insurance or switch from a variable ...