30-Year Fixed Refinance Dips: Mortgage Refinance Rates for May 14, 2025
John Greim/LightRocket/Getty Images Average mortgage refinance rates have been volleying between 6.5% and 7% as fears of both higher inflation and an economic slowdown play tug-of-war with financial markets. Overall, rates are too high for most homeowners to save money from refinancing. After three interest rate cuts last year, the Federal Reserve has left rates […]
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