Will You Be Able to Refinance Your Mortgage in 2025? Here’s What Experts Think.

December 23, 2024

CBS News, Dec. 23, 2024-Jamie Johnson
The past year has been a whirlwind for the mortgage industry. During the first week in January, the average 30-year mortgage rate was 6.62%, according to data from Freddie Mac. Rates continued to climb throughout the first half of 2024, hitting a weekly high of 7.22% at the start of May.
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