Mortgage interest rates may still be low enough to support a purchase or refinance action from borrowers. Getty Images/iStockphoto Purchasing a home or refinancing your current one can be both a time-consuming and stressful process. But borrowers can reduce their concerns by taking an informed, strategic approach. The former element
Mortgage interest rates may still be low enough to support a purchase or refinance action from borrowers. Getty Images/iStockphoto Purchasing a home or refinancing your current one can be both a time-consuming and stressful process. But borrowers can reduce their concerns by taking an informed, strategic approach. The former element is particularly important now with multiple items driving the mortgage interest rate landscape. While mortgage rates declined considerably in 2025, some of that decline has been negated in recent weeks thanks to a combination of higher inflation, a paused Federal funds rate and heightened geopolitical tensions and overseas conflicts. At the same time, mortgage rates are still considerably lower than the decade-highs borrowers were being offered just a few years ago. And by shopping around for rates and lenders, thus establishing an accurate
