This year’s homebuyers need larger rate drops for refi benefits
via housingwire.com
Short excerpt below. Read at the original source.
Homeowners who bought in 2025 with the expectation of refinancing may not see savings unless interest rates fall by at least 0.75 percentage points, according to a report released this week by Neighbors Bank. The national analysis modeled typical refinance scenarios across all 50 states using a 30-year fixed-rate mortgage of 6.8%, an average loan […]