Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.28%, and for 20-year mortgages, the ...

Homeowners considering mortgage refinancing face interest rates that remain elevated compared to pandemic era levels, though recent months have brought modest relief. The current average refinance ...

High-LTV refinance, at its core, refers to a refinancing option where the new loan has a high Loan-to-Value (LTV) ratio. This implies that a significant portion of the property's value is financed ...

The latest refinancing rate report, released on the Wednesday Report, provides homeowners with updated figures across various home loan categories. The data offers crucial information for those ...

Interest rates have remained stubbornly high over the past year as the Federal Reserve tried to push back against sticky inflation. While rate cuts were, at one point, expected to happen starting in ...

In the interest rate environment of 2020 and 2021, cash-out refinancing or a traditional refinance made a lot of sense for homeowners in need of extra funding. The latter allowed them to obtain that ...

Home equity is at historic highs. If you've faithfully paid your mortgage over the years, you've likely built up quite a bit of it yourself. According to the Federal Reserve, American homeowners are ...

Yes, you can refinance both home equity loans (HELoans) and home equity lines of credit (HELOCs) — and if you borrowed during the 2023 rate spike, now might be the time to look into it. Home equity ...