mortgage interest rates usa

Mortgage refinance demand drops 18% as rates hit highest level since August — Photo by Towfiqu barbhuiya on Pexels

Mortgage Rates vs Waiting: First‑Time Buyers Suffer 18% More

First-time buyers should consider refinancing now rather than waiting, because an 18% slump in refinance demand shows that many new homeowners are risking higher monthly payments by waiting; locking in today’s 6.61% rate can prevent extra costs that add up quickly. Financial Disclaimer: This article is for educational