【Zillow】$6.2 Billion in Potential Refinancing Savings Vanished as Mortgage Rates Climbed Back to 6.6%
【Zillow】$6.2 Billion in Potential Refinancing Savings Vanished as Mortgage Rates Climbed Back to 6.6%
2024.10.14
研究報告
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全球
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- Recent increases in mortgage rates mean approximately 275,000 fewer households are now positioned to benefit from refinancing compared to just a week ago. This shift has resulted in a collective potential loss of around $6.2 billion in refinancing savings over the next five years.
- However, for those borrowers who bought in 2023 at a mortgage rate of 7.6% or higher, refinancing at today’s 6.6% rate could still save them an average of $391 per month, or $23,460 over the next five years.