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The rate on a 30-year fixed refinance rose to 6.35% today, according to the Mortgage Research Center. Rates averaged 5.25% ...
The rate on a 30-year fixed refinance decreased to 6.31% today, according to the Mortgage Research Center. For 15-year fixed ...
Home loan demand reached the highest level in more than three years and refinance applications moved higher following a dip ...
The 30-year fixed-rate mortgage dropped 15 basis points to an average contract rate of 6.49% as of Sept. 5. The large drop ...
The average rate on 30-year fixed home loans registered at 6.50% for the week ending Sept. 4, down from 6.56% last week.
A cash-out refinance replaces your current mortgage with a new, bigger one and converts the difference between the two ...
The average rate on 30-year fixed home loans was 6.35% for the week ending Sept. 11, down from 6.5% the previous week and an ...
A similar pullback in rates happened in the leadup to September last year, when the Fed cut its rate in for the first time since March 2020 in the early days of the pandemic. Back then, the average ...
They can be risky, however, because if a borrower can’t pay back the loan, they may not have enough equity left to avoid foreclosure.