Tag: refinance

The lenders are expected to pass cost savings along to borrowers

Both purchase and refinance applications were down week-over-week and year-to-year

Purchase and refi averages continued a week-over-week slide

While still relatively low, the 15-year fixed saw a slight bump up by week’s end

Even with record-low rates, many homeowners didn't refi because they don't understand the process

Significant rates ticked up prior to the expected monthly national numbers

Despite some fluctuation, principal and refi rates still hover around historic lows

Most major rates and refi financing options increased, while still hovering at mid-pandemic levels

Both principal and refinance rates ended the week slightly lower than previous weeks

Rates may be low, but so is interest—especially for refinancing—when it comes to mortgages, according to new stats