Overall, it's unlikely we'll see another refinancing boom like the one in 2020-21 when mortgage rates were exceptionally low around 3%. Nevertheless, refinancing might be beneficial for other reasons, ...

"If rates fall below 6%, we could see a big jump in refinance activity," said Jeb Smith, licensed real estate agent and member of CNET Money's expert review board. Yet economists and housing ...

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 ...

Check our interactive map to find today's average 30-year mortgage refi rate for any U.S. state. Right now, the cheapest state refinance rates range from 6.85% to 6.96%.

Mortgage refinance rates are expected to inch down over the coming months, but are unlikely to drop below 6.5% without multiple interest rate cuts and weaker economic data. Overall, it's unlikely ...

Refinancing rates for 30-year loans marched in place Friday, after dropping 11 basis points over the previous four days. That leaves the flagship refi average at 6.98%, its lowest level in close ...

While mortgage rates are expected to continue dropping in 2024, it’s unlikely they’ll fall to the historic lows seen in 2020 and 2021 when the average mortgage rate was 2.96%.

Refinance rate predictions 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%. For refinancing to ...

Rates for home loans fell to the lowest since April that week, with the popular 30-year fixed-rate mortgage averaging 6.79% nationwide. Refinance applications were a whopping 40% higher than a ...

Mortgage refinance demand surges, as interest rates drop further By Diana Olick, CNBC • Published July 2, 2025 • Updated on July 2, 2025 at 8:10 am Log in or create a free profile to save articles ...

The current average refinance rate on a 30-year fixed ReFi is 6.82%, compared to 6.80% a week earlier. For borrowers who want a shorter ReFi, the a verage rate on a 15-year fixed ReFi is 6.16%, up ...