With the Fed’s third rate cut this year, refinancing your mortgage at a 0.50% lower rate can save you over $40,000. Here are the best lenders to choose from.

A drop in the inflation rate could prove to be good news for homebuyers and owners hoping to refinance. Here's why.

The rate on a 30-year fixed refinance fell to 6.31% today, according to the Mortgage Research Center. Rates averaged 5.35% for a 15-year financed mortgage and 6.09% for a 20-year financed mortgage. Related: Compare Current Refinance Rates 30-Year Fixed-Rate Mortgage Refinance Rates Drop 0.

Normally when someone has a low mortgage rate, they don’t refinance into a higher one

The FOMC cut interest rates as expected on Dec. 10, but mortgage rates are unlikely to fall further as a result.

The average rate on a 30-year U.S. mortgage edged lower this week, staying relatively close to its low for the year.

There's good and bad news for home shoppers hoping for lower mortgage rates in 2026 — they're likely to fall more in the new year but shouldn't drop much below 6.0%, if they reach that. But the decrease may help you afford a home .

The December Federal Reserve meeting may lead to lower mortgage rates, but it's not directly caused by the 25 basis point rate cut.

To get the refinance you want, you need to explain your goal in words that the lender understands. This is a guide to what to say, complete with sample sentences that you can use as you kick off a refinancing conversation with a loan officer or mortgage broker.