Average refi rates for 30-year mortgages rose Thursday, after sinking last month to their cheapest level since 2023. Other mortgage refinance rates showed mixed movement.

It may not quite be the famous question of Shakespeare’s Hamlet, but it is something very much on the minds of U.S. homeowners these days: To refi or not to refi?

You may be eager to refinance now that mortgage rates are dropping. But should you? Ask these questions to find out.

After sinking last month to their cheapest level since early 2023, 30-year mortgage refi rates have mostly moved higher. But Tuesday finally delivered a welcome dip.

Applications for mortgages fell as the 30-year mortgage rate jumped 22 basis points in the span of a week. The increase put a damper on refinancing activity in particular, which had surged over the past few weeks.

For most of us, a car is a necessity. But interest rates have soared over the past few years, leaving many car shoppers stuck with larger loans and higher monthly payments. That strain on household resources has led to rising auto loan delinquencies,