30-Year Refinance Rate Drops To 4.12% After Fed Signals Pause

30-Year Refinance Rate Drops To 4.12% After Fed Signals Pause

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 Refinancing activity is shifting from broad market surges to more…