The rate on a 30-year fixed refinance dropped to 6.17% today, according to the Mortgage Research Center. Rates averaged 5.29% ...

Mortgage Research Center. Rates averaged 5.28% for a 15-year financed mortgage and 5.94% for a 20-year financed mortgage.

Refinancing your mortgage can free up cash by lowering your monthly payments, or save you money over time by lowering your interest rate. However, finding an advantageous refinancing option can be ...

Refinancing your mortgage could make sense for several reasons: lowering your interest rate, taking cash out or switching to a fixed-rate loan. For most borrowers, the ideal time to refinance is when ...

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. The Federal Reserve ...

New weekly data from Freddie Mac shows mortgage rates in a tumble, landing 30-year fixed rates at 6.50%. “As rates continue to drop, the number of homeowners who have the opportunity to refinance is ...