For the vast majority of homeowners, there's currently little financial incentive to refinance their mortgages. So far in 2025, average mortgage rates have remained elevated, consistently hovering ...

Americans saw a chance to save a few dollars on their monthly mortgage payments and took it, pushing refinance applications up 40% versus a year ago.

Mortgage rates fell last week to the lowest level since April, leading current homeowners to seek savings. Applications to refinance a home loan rose 7% last week compared with the previous week ...

Mortgage rates continued to fall, causing more homeowners to apply to refinance at those lower rates. Homebuyers, however, were less impacted by lower rates.

Refinance rate forecast for 2025 Most housing forecasts still call for a modest decline in mortgage rates, with average 30-year fixed rates expected to end the year around below 6.5%.

Average mortgage refinance rates decreased for 30-year fixed, 30-year Jumbo and trended lower for 15-year fixed rates.

Knowing your break-even point is only one piece of the mortgage refinance puzzle. There are situations where you may never break even on a refinance, but it could still make good financial sense.

Homeowners looking to refinance their mortgages can now access state-specific rate information through a newly available interactive map tool. The map displays current average 30-year mortgage ...

Mortgage applications increased 11% amid a decline in rates, according to data from the MBA's weekly mortgage applications survey for the week ending May 2, 2025.

Up-front mortgage and refinance costs can add up, so waiving origination fees may be an enticing offer. But is it the best deal for you?

Why now isn't a good time to refinance your mortgage "If [your] current rate is already low, the savings from today's rates won't justify the closing costs," Glick cautions.