How Will Rising Interest Rates Affect Your Mortgage Refinance?
Average rates for a 30-year, fixed-rate mortgage have outpaced all expectations thus far in 2022, hitting as high as 5.81% in late June. At the time of this writing, interest rates have slipped backward slightly to 5.30%, but that is still nearly double the rate of 2.8% from just a year ago.
As a result, the question on every homeowner’s lips who is thinking about refinancing is – how high will the interest rate get? more “The Impact of Rising Interest Rates on Homeowners’ Mortgage Refinance”
