With mortgage rates dropping, Jeff Rossen explains when refinancing makes financial sense and when it does not.

Mortgage rate today climbed slightly as of September 25, 2025. The 30-year fixed mortgage is 6.45% and 15-year fixed is 5.77% ...

Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.32%. For 20-year mortgage refinances, ...

The process of refinancing is similar to the process of getting an auto loan. You must prove to the new lender that you are creditworthy and will be able to repay the debt. The new lender might also ...

This week the Freddie Mac 30-year fixed interest rate averaged 6.35%. Sam Khater, Freddie Mac’s chief economist, noted the 15 basis point-drop from last week was the largest weekly drop in a year.

Recent homebuyers were sold on "buy now, refi later," according to a U.S. News survey. But Fed rate cuts won't bring back ...

It can make sense to refinance your home equity loan as interest rates decline, but only in certain circumstances.

The right time to refinance depends on your financial situation.

Refinancing can be a tempting option when mortgage rates drop, but in truth, it's not always the right choice. As of Sept. 11, the 30-year mortgage rate stood at 6.35%, falling 15 basis points from ...