Refinancing activity is already surging after the Fed cut interest rates last week for the first time in years.
A better gauge of when and by how much homeowners should expect mortgage rates to move would be to look at the yield on longer-term U.S. Treasuries instead of the fed funds rate. The chart above shows that the correlation between the U.S. 10-year Treasury yield and the average mortgage rate is stronger than that of the fed funds rate. A regression analysis over the time period shown above results in a strong 86% R 2 using the 10-year Treasury yield in comparison to a 66% R2 using the effective f...
It appears to have taken a few weeks for current homeowners to realize mortgage rates had... Today’s homebuyers are dealing with a lot more than high interest rates. They are still up...
There are strategies for getting the lowest mortgage rates possible, such as choosing a shorter term. Learn how to get the lowest rates in today's market.
Lower interest rates are coming, the Federal Reserve announced on Wednesday. What does that mean for the kitchen-table investor?
Refinancing your mortgage means swapping your current interest rate for a new one. This is typically done if rates have fallen a good amount since you took out a home loan or last...
A recent CNET homebuying survey found that rates would have to drop to 4% for most homeowners to consider refinancing.
Explore different mortgage refinancing options for the chance to lower your interest rate, reduce your monthly payments or shorten your loan term.
Compare top rates · See low rates from over 100+ lenders. ; Select a lender · Get custom quotes in under 2 minutes. ; See your savings · You could take hundreds off your mortgage.
Most people don't know you can call your credit card issuer to ask for a reduced APR. ; Up to 8/10 cardholders who asked for a lower interest rate in the past have reported success. ; Credit card companies may also be lenient when it comes to waiving fees and increasing card limits.