Calculate the breakeven timeline: A refi usually comes with upfront costs at the closing, just like an initial mortgage. Bankrate's refinance breakeven calculator can help you figure out when you’ll start realizing savings. Compare refinance rates: Explore refinance offers from at least three mort...
Daily rates crept higher once again on Friday. According to Money's daily survey, the average rate on a 30-year fixed-rate mortgage jumped up to 7.239%, an increase of 0.078 percentage points. Freddie Mac's weekly rate survey saw the 30-year rate increase for the fourth consecutive week,...