The rate on a 30-year fixed refinance climbed to 6.5% today, according to the Mortgage Research Center. Rates averaged 5.47% for a 15-year financed mortgage and 6.18% for a 20-year financed mortgage. Related: Compare Current Refinance Rates The average ...

Refis jump almost 60%; ARM share climbs to highest since 2008 Mortgage applications charged ahead last week as mortgage rates dropped to their lowest levels in nearly a year, sparking a rush in refinance activity and lifting overall demand, according to ...

A window has just opened for recent homebuyers. Mortgage rates have fallen to the lowest level in a year, below 6.2%, and could drift even lower if the Federal Reserve continues to trim its benchmark interest rates. Residential mortgage rates are not set ...