Annual Refinance Rates 2024. When you refinance your car loan, you may receive a lower interest rate and save money on payments. According to the february 2024 mortgage monitor report, nearly half of the individuals who purchased a home last year could benefit from a refinance if rates drop to 6% or lower.
According to the february 2024 mortgage monitor report, nearly half of the individuals who purchased a home last year could benefit from a refinance if rates drop to 6% or lower. Mortgage lenders charge different interest rates for purchase and refinance loans.