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 ...

It wasn't that long ago when the average mortgage interest rate was comfortably over 7%. In August 2023, for example, the average rate on a conventional 30-year term was 7.31%, marking the highest ...

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 ...

Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.32%. For 20-year mortgage refinances, ...

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 ...