Homeowners facing higher refi rates: make sure you can afford the steeper monthly payment. Refinancing a mortgage is not just about saving money; it's also about achieving financial stability and security. To get the best refinance rates, homeowners should focus on improving their credit scores, using credit responsibly, and monitoring their credit regularly.

Source: https://www.cnet.com/personal-finance/mortgages/homeowners-face-higher-refi-rates-refinance-rates-for-oct-23-2024/#ftag=CAD590a51e