Tue, May 13, 2025
Mon, May 12, 2025
Sun, May 11, 2025
Sat, May 10, 2025
Fri, May 9, 2025
Thu, May 8, 2025
Wed, May 7, 2025
Tue, May 6, 2025
Mon, May 5, 2025

Current refi mortgage rates report for May 9, 2025

  Copy link into your clipboard //travel-leisure.news-articles.net/content/2025/ .. t-refi-mortgage-rates-report-for-may-9-2025.html
  Print publication without navigation Published in Travel and Leisure on by Fortune
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
  See Friday's report on average refi rates on different types of home loans.

On May 9, 2025, mortgage refinance rates have seen a slight increase, with the average 30-year fixed-rate mortgage at 7.00%, up from 6.99% the previous week, and the 15-year fixed-rate at 6.25%, up from 6.24%. Despite these rises, experts suggest that now could still be a good time to refinance due to the potential for future rate increases. The article also provides a detailed comparison of rates from various lenders, including Bank of America, Chase, and Wells Fargo, and offers insights into how different loan terms and credit scores can affect the rates offered to borrowers. Additionally, it discusses the benefits of refinancing, such as lowering monthly payments or changing the loan term, and advises potential refinancers to consider their long-term financial goals and current economic conditions before making a decision.

Read the Full Fortune Article at:
[ https://fortune.com/article/current-refi-mortgage-rates-05-09-2025/ ]