More Homeowners Are Refinancing This Summer. Here's Why You Should Do So Quickly

More Homeowners Are Refinancing This Summer. Here's Why You Should Do So Quickly

When interest rates started plunging to record lows back in mid-2020, homeowners across the country rushed to refinance their mortgages. Although mortgage rates are higher these days than they were a year ago, they've dipped modestly over the past few weeks. Refinancing could end up saving you money if the rate on your existing mortgage is higher than the rate you might snag today.