If you took out a government-backed mortgage over the last two years, you’re probably watching interest rates fall and wondering when to refinance. But before you take the refi plunge, you need to ...
Here are the average annual percentage rates (APR) on 30- and 15-year fixed mortgage refinances and 5/1 ARM refinances: Today’s Mortgage Refinance Rates The average APR for a 30-year fixed refinance ...
Government refinance applications increased by 42% over the week, according to the MBA’s Weekly Mortgage Applications Survey for the week ending Feb. 28, 2025. This jump was mainly due to the dip in ...
Refinancing your mortgage can make financial sense for many reasons. You can reduce your monthly payment, get a new loan term or convert your home equity into cash. But refinancing may not be so cut ...