refinance

Compare Mortgage Rates vs Refinance: Is Your Payment Upside?

A 32-basis-point hike can add more than $50 to a monthly payment, so a 32-point jump might mean thousands more paid over the life of a 30-year mortgage. In a rising-rate environment, comparing your current mortgage rate to a new refinance offer determines whether you gain or lose on monthly

refinance

Experts Reveal How Today’s Mortgage Rates Hit Subprime

When mortgage rates dip, the smartest move is to lock in a lower rate through refinancing or a loan modification, depending on your credit profile. I’ll walk you through the current rate climate, how loan modifications fit into the picture, and which calculators can save you hundreds of dollars.