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Business Intelligence | From W.D. Strategies on MSN

Mortgage Experts Warn Against Refinancing At The Wrong Time

Homeowners tempted to refinance their mortgages face a crucial timing challenge that could cost them thousands of dollars.
The rate on a 30-year fixed refinance climbed to 6.36% today, according to the Mortgage Research Center. The 15-year, ...
Mortgage Research Center. Rates averaged 5.36% for a 15-year financed mortgage and 6% for a 20-year financed mortgage.
Homeowners who choose to refinance right now should also try to pay closing costs up front instead of rolling them into the new loan and kicking the can down the road, Pardue said. The national ...
The rate on a 30-year fixed refinance declined to 6.26% today, according to the Mortgage Research Center. Rates averaged 5.28 ...