Rate-and-Term Refinances Surge 109% MoM in August as Mortgage Rates Decline

- Optimal Blue's August 2024 Market Advantage mortgage data report shows refi locks reached highest market share since The Fed began hiking rates in March 2022 - ... Read More

Refinances surge on easing mortgage rates | Fox Business

Refinance applications soared 35% last week in response to a sharp drop in mortgage rates, which are at their lowest levels in more than a year, but experts say the surge may not last. Read More

Refinances surge 175% from a year ago, as mortgage rates remain ... - MSN

The average rate for a 30-year mortgage backed by the Federal Housing Administration was 5.99%, down from 6.12% the previous week. The 15-year was down to 5.47% from 5.42% a week ago. Read More

Rate-And-Term Refinance Locks Surge 700% Over Previous Year

Optimal Blue's September 2024 report, released today, showed a 50% month-over-month rise in rate-and-term refinances, driven by recent homeowners seeking lower rates. Though the FOMC cut its rate by ... Read More

Mortgage Rates Continue to Decline - Morningstar

“In recent weeks, rates for the 30-year fixed-rate mortgage have fallen even lower than the first quarter average of 6.83%.” News Facts The 30-year FRM averaged 6.76% as of May 1, 2025, down ... Read More

Mortgage rates move higher, but refis are returning to healthier levels

According to HousingWire‘s Mortgage Rates Center, the average 30-year conforming fixed rate dropped to 6.23% on Sept. 27. That was the lowest figure of the year, but it has increased to 6.31% as ... Read More

Refinances surge 175% from a year ago, as mortgage rates remain at a 2 ...

Refinances surge 175% from a year ago, as mortgage rates remain at a 2-year low The average rate for a 30-year mortgage backed by the Federal Housing Administration fell to 5.99%, industry group says ... Read More