Mortgage rates are falling, and some homeowners are racing to refinance. How much can the average homeowner save by refinancing? It depends on where they are starting from. The 30-year fixed-rate mortgage fell to an average of 6.

Mortgage demand for purchases was up 12%, and refinancing rose 37% from last week as rates dropped to their lowest levels since December.

But there are signs that the mortgage rate climate could be cooling once again. Mortgage rates that plunged to 6.15% last September but then rose as inflation ticked up again in r

Mortgage rates in the United States have continued their downward trend, providing potential relief for homebuyers as the spring market gains momentum. The decline, now in its seventh consecutive week,