A half-point dip may not be enough to offset closing costs. Here's the magic number that makes refinancing pay off.

Recent homebuyers were sold on "buy now, refi later," according to a U.S. News survey. But Fed rate cuts won't bring back record-low mortgage rates. Mortgage rates have been prohibitively high for ...

Today's average mortgage rate on a 30-year fixed-rate mortgage is 6.26%, down slightly from 6.33% the previous week, according to the Mortgage Research Center. Borrowers may be able to save ...

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 ...

DALLAS — One time I had just wrapped up what had been a nice meal of Chinese food, and I cracked open my fortune cookie for my special message. Would it encourage me, or extoll my virtues, or tell me ...

Mortgage rates are determined by many factors that include inflation rates, economic conditions, housing market trends and the Federal Reserve's target interest rate. Lenders also consider your ...

Refinancing can be a tempting option when mortgage rates drop, but in truth, it’s not always the right choice. As of Sept. 11, the 30-year mortgage rate stood at 6.35%, falling 15 basis points from ...

It may have taken a while, but the stars have aligned, and you finally found your dream home. Now it is just a matter of how to pay for it. In today’s competitive market, you probably won’t have time ...

“Marry the house, date the rate” is a phrase that was popularized during the post-pandemic era of rising mortgage rates. Lenders urged borrowers to focus on finding a house they were head over heels ...

Refinancing is a valid option for gaining access to extra money you earned. Refinancing isn’t for everyone; you should carefully consider these questions if you are thinking about refinancing. 24/7 is ...