Mortgage Research Center. Rates averaged 5.37% for a 15-year financed mortgage and 6.09% for a 20-year financed mortgage.

The rate on a 30-year fixed refinance climbed to 6.35% today, according to the Mortgage Research Center. For 15-year fixed ...

Normally when someone has a low mortgage rate, they don’t refinance into a higher one ...

A mortgage refinance replaces your original mortgage with a new one, ideally with a lower interest rate. You'll get a new interest rate and other loan terms, and you can make other changes to the loan ...

Katherine Watt is a former CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa ...

Home mortgage loans represent one of the most common types of debt for Americans - with more than $1.6 trillion in new loans originating in 2021 alone. Fannie Mae expects that number will continue to ...

With mortgage rates still historically high, refinancing activity has cooled in recent years — though it's still higher than the dark days of the pandemic. Refinancing your mortgage can help you get a ...

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