After sinking to 2-year lows Tuesday, both the 30-year and 15-year mortgage rate averages have edged up a bit. Rate movement for most other loan types was also up.

People who bought homes in the past two years may want to seek a lower interest rate. Here’s how to think it through — and how to shop.

The rush to refinance makes sense, as even a slight drop in mortgage rates can translate into significant savings over the long run. For a home with the median U.S. listing price

After plummeting earlier this week to their lowest levels since early 2023, refinance rates on 30-year, 20-year, and 15-year mortgages have all jumped higher.

With the Federal Reserve expected to begin lowering interest rates next week, a lot more people with pent-up demand to buy or sell a house will be wondering when to go to the housing market.