Some Homeowners Are Refinancing Their Mortgages At Higher Rates. Here's Why

Joshua Rodriguez, CNET
Sun, 09/29/2024 - 5:28pm

Surprise: Refinancing isn't always about saving money.

Topics: surprise refinancing

BING NEWS:

Today's Mortgage Rates | Why Rates Have Been So High This Month
These are today's mortgage and refinance rates. Mortgage rates have been high in November as expectations around future Fed cuts have shifted.
11/16/2024 - 10:00 pm | View Link
Considering a Mortgage Refinance? Read This First
The break-even point of a mortgage refinance is when the money you save is equal to what you paid in upfront closing costs. Before you pay thousands of dollars to refinance a mortgage, do the math ...
11/14/2024 - 2:02 am | View Link
Should I Combine Two Mortgages Into One?
Consolidating your loans or mortgage may make sense for you, depending upon the new loan's interest rates and terms and your own goals. Here’s what you should know.
11/10/2024 - 7:41 pm | View Link
Get the lowest HELOC rates available in November 2024
The most creditworthy borrowers have the best odds at snagging the best HELOC rate, which should beat out today’s overall average rate of 8.80% (for 80% LTVs and $100,000 credit lines). It’s wise for ...
11/3/2024 - 6:40 pm | View Link
Don't Hold Your Breath for Another Refinancing Boom This Year… or Next
Now that the Federal Reserve has started to lower interest rates, it's likely we'll see mortgage rates gradually drop over the course of the next year, potentially reaching the mid-5% range by the end ...
10/30/2024 - 8:06 am | View Link
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