Refinance Rates Tick Higher: Mortgage Refinance Rates on Aug. 1, 2025

The article discusses the refinance rates as of August 1, 2025. It notes that multiple benchmark refinance rates have trended upward this week, suggesting that it might be worth waiting before refinancing. The article does not provide specific details on the magnitude of the rate increases or the underlying reasons for the trend. It simply states that "Multiple benchmark refinance rates trended upward this week," without quantifying the extent of the changes. The article's main message is that potential borrowers should consider waiting before refinancing, as the current refinance rates have ticked higher. However, it does not offer any recommendations or insights beyond this basic observation. In summary, the article presents a brief update on the current refinance rate environment, indicating that rates have risen recently, and suggests that borrowers may want to hold off on refinancing for the time being.