Best Mortgage Refinance Rates - Jul. 18, 2025
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Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will rates drop? The interest rate environment has remained elevated across various lending products,
Mortgage rates have slumped more than 2% over the past 18 months, but don’t expect much more relief. The Reserve Bank of New Zealand (RBNZ) left the Official Cash Rate (OCR) unchanged at 3.25% last week,
Lower mortgage rates may motivate more people to buy houses, but it will take a bigger drop in borrowing costs to create more home sellers and lead to lower home prices, economists said.
Mortgage rates remain high, leaving homebuyers weighing whether to act now or wait for potential relief. Melissa Cohn, regional vice president at William Raveis Mortgage, explains how Federal Reserve signals,
Mortgage applications dropped 10.0% amid rising interest rates and post-holiday adjustments. Refinance activity declined 7%, while purchase app
The last few weeks have brought encouraging news for borrowers and those looking to invest in property, with many lenders announcing new cuts to their
Markets are predicting an 11-per cent-chance of a rate cut when the Bank of Canada makes its decision on July 30
The share of homeowners who don’t have a mortgage payment rose to 40% in 2023, up from 33% in 2010, which reflects a trend toward outright homeownership and conservative borrowing, according to a Goldman Sachs note published Tuesday. Meanwhile, the housing market is particularly vulnerable for homeowners who just recently bought.
EXCLUSIVE: With inflation unexpectedly rising in June, we asked some expert mortgage brokers whether it's time to lock in a new deal.
For the vast majority of homeowners, there's currently little financial incentive to refinance their mortgages. So far in 2025, average mortgage rates have remained elevated, consistently hovering between 6.5% and 7% due to ongoing economic uncertainty.
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