Mortgage Refinance Rates Drop 25 Basis Points After Fed Minutes; 30-Year Average Dips
At a glance: The latest mortgage rate drop and how it could affect refinancing decisions. Mortgage rates have moved lower. That can improve affordability and may reopen refinance options for borrowers whose current rate is above today’s quotes. What the Rate Drop Means for Borrowers Homeowners weighing refinancing decisions are increasingly prioritizing access to home…