Refinance Rates Decline for a Third Day
Rates on 30-year refinance loans dropped another 2 basis points Wednesday, nudging to average down to 7.03%. That's now the cheapest level for 30-year refi rates since Dec. 18. In September, 30-year refinance rates plunged to a two-year low of 6.01%. But they then surged as high as 7.30%—before recently moving lower.
With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...
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After ticking up for two days, 30-year refi rates dropped Monday to their cheapest level since mid-December. Rates moved lower for other refinance loan types as well.
A cash-out refinance lets you borrow against your home's equity by replacing your current mortgage with a bigger one, giving ...
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