General

Refinancing still worth it for over 1 million borrowers The average 30-year fixed-rate mortgage surged through 2022 and just hit 5% for the first time since 2011. Unsurprisingly, this rapid rate growth will deter many homeowners from…
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Today’s mortgage and refinance rates Average mortgage rates climbed again yesterday, reaching heights not seen since the century’s first decade. Of course, if you look back to 2008 and beyond, today’s rates would be seen as exceptionally…
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Likewise, both refinance and purchase applications were also 8% and 3% lower than the previous week, respectively. Both percentages are significantly lower compared to the same time last year. Joel Kan, associate vice president of economic…
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