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Refinance Rates Drop Below Key Threshold Again - July 11, 2025
Rates for 30-year refinancing loans dropped for a second consecutive day Thursday, pushing the average below the 7% mark for the first time in a week. With a 1 basis point decrease, the new 6.99% average is just slightly above last week's 6.95%, which marked a three-month low.
Explore the best refinance lenders to lower your rate. Compare top picks like Flagstar Bank, SoFi, Rocket Mortgage, and PNC Bank to find the right lender for refinancing.
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Refinancing a mortgage can get you better terms and even access to cash. Here are CNBC Select's picks for the best mortgage refinance lenders.
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