The rate on a 30-year fixed refinance climbed to 6.05% today, according to the Mortgage Research Center. Rates averaged 5.29% for a 15-year financed mortgage and 5.93% for a 20-year financed mortgage.

A $400,000 mortgage refinanced at today’s rates could lower monthly payments by roughly $260, though closing costs can offset those savings.

A cash-out refinance can lower your interest payments, but it also puts your home on the line. Here's how to decide if it's the right move for your debt.

Splitero reports homeowners can access equity without refinancing via options like HELOCs, home equity loans, and shared equity agreements.

A refinancing deal for debt associated with the Madison Heights apartment complex in Little Rock is on track to close March 15, the Little Rock housing authority's board of commissioners was told on Thursday.

The rate on a 30-year fixed refinance increased to 6.09% today, according to the Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.3%. On a 20-year mortgage refinance, the average rate is 6.

The contract rate on a 30-year mortgage dropped 8 basis points to 6.09% in the week ended Feb. 20, according to Mortgage Bankers Association data released Wednesday. The rate on five-year adjustable mortgages fell to 5.23%, also the lowest since September 2022.