Home Interest Rates 2024 Today Refinancetodaynn Com

Home Interest Rates 2024 Today Refinancetodaynn Com

That’s compared to 7.40% last week. The current mortgage interest rates forecast is for rates to embark on a gentle downward trajectory over the remainder of 2024.

Whether homeowners should refinance depends in part on their existing rate, said selma hepp, chief economist at. If you’re watching refi rates, it’s helpful to know 0.25% (a quarter of a percentage point), roughly equals a $30 change in the interest added to your mortgage payment.