Refinance Rates Continue to Rise: Current Refi Rates Stand at 6.87%

According to recent reports, refinance rates have inched closer to the 7% mark, reaching a current rate of 6.87%. This trend is expected to continue, with little incentive for refinancing activity due to rising mortgage rates.

Source: https://www.cnet.com/personal-finance/refinance-rates-move-up-current-refinance-rates-on-oct-25-2024/#ftag=CAD590a51e