30‑year refinance monthly payment
Mortgage Rates Rise vs Savings: 27 Bp Impact
A 27-basis-point increase lifts the average 30-year mortgage rate from 6.40% to about 6.67%, raising monthly payments on a $300,000 loan by roughly $50. This shift arrives as the spring home-buying season peaks, prompting many borrowers to reconsider refinancing. Financial Disclaimer: This article is for educational purposes