Trading the mortgage you have for a new one can make sense to lock in a lower interest rate, shorten or lengthen a repayment term or switch from a variable to a fixed-rate loan. But there’s more to ...

Refinancing can help you get a lower monthly payment or a reduced interest rate Written By Written by Staff Loans Editor, WSJ | Buy Side Hannah Alberstadt is a Buy Side staff editor specializing in ...

Extending your repayment term when you refinance might feel similar to restarting your loan, but it works differently Written By Written by Staff Loans Editor, WSJ | Buy Side Hannah Alberstadt is a ...

HUNTSVILLE, Ala. (WAFF) - Home mortgage rates have been significantly higher in recent years compared to the previous decade, leaving many homeowners wondering if and when they should refinance.

This week the Freddie Mac 30-year fixed interest rate averaged 6.35%. Sam Khater, Freddie Mac’s chief economist, noted the 15 basis point-drop from last week was the largest weekly drop in a year.

Andrea Riquier is a former Staff Writer at Forbes Advisor. She is a New York-based writer covering mortgages and the housing market. She was previously at Dow Jones MarketWatch, on the housing market ...