Mortgage rates ticked down this week to a yearly low. Where does that leave homebuyers looking to lock in a decent rate?

Amy Fontinelle is a freelance writer, researcher and editor who brings a journalistic approach to personal finance content. Since 2004, she has worked with lenders, real estate agents, consultants, ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...

Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.28%. On a 20-year mortgage refinance, the ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...

The current average mortgage rate on a 30-year fixed mortgage is 6.15%, the same as a week earlier, according to the Mortgage ...

Recasting lowers your monthly payment, but it doesn't shorten your mortgage or maximize interest savings. Making an extra principal payment won't lower your monthly payment but can reduce the total ...