Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?
The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.
Here’s how the Secured Overnight Financing Rate works and why it might matter for your mortgage
SOFR is a benchmark rate which certain variable rate financial products, for example certain mortgages, can be tied to.
Mortgage Rates Today: January 17, 2025—Rates Remain Fairly Steady
The current mortgage rate on a 30-year fixed mortgage fell by 0.02 percentage point in the last week to 7.35%, according to ...
Mortgages Rates See Large Two-Day Drop
After recently shooting up to the most expensive level since May, 30-year mortgage rates have fallen considerably the last two days. Most other loan types also saw declines.
Mortgage Rates Hold at Highest Level Since May
After climbing to their most expensive level in more than seven months, 30-year mortgage rates held steady Tuesday. Rate ...
Today's Mortgage Rates | Rates Inch Closer to 7% as Fed Cuts Look Less Likely
These are today's mortgage and refinance rates. Mortgage rates have increased this month, and it's unclear if they'll drop ...