June 3, 2025

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Mortgage

Mortgage refinance rates rise: 30-year climbs to 6.92%

  • May 6, 2025

Refinance rates moved higher again as of May 6, 2025, according to the latest data from the Mortgage Research Center. The 30-year fixed refinance rate rose to 6.92%, while the 15-year fixed rate dropped slightly to 5.76%. 30-year fixed refinance rates move up The average 30-year fixed-rate refinance hit 6.92%, up from 6.10% a week

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Mortgage

House Republicans seek to scale back VA mortgage bailout program for veterans in foreclosure

  • April 1, 2025

Rep. Mike Bost, R-Ill., chairman of the House Veterans’ Affairs Committee, has introduced legislation to cap the number of direct loans that the Department of Veterans Affairs can repurchase through the Veterans Affairs Servicing Program for delinquent agency-backed home loans. (Stars and Stripes) WASHINGTON — A mortgage bailout program that has kept more than 15,000

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