Refinance Rates Slide Down Again: Refinance Rates for July 28, 2025
The article reports that refinance rates have declined again as of July 28, 2025. This development may be of interest to homeowners who currently have a mortgage rate that is significantly higher than the current market rates. The article suggests that if your mortgage rate is 1% or more above the prevailing refinance rates, it could be worth considering a refinance to take advantage of the lower rates and potentially save money on your monthly payments or the overall cost of your loan. The article does not provide specific details on the magnitude of the rate decreases or the current average refinance rates, but it conveys the general trend of declining refinance rates and the potential opportunity for homeowners to save by refinancing their mortgages.
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