Tag Archive for: purchase rates

Why Refi Interest Rates Are Higher Than Purchase Rates

Every day in my blog I quote an interest rate for a “no points” purchase money mortgage, and today is no exception (at the bottom of the blog). This, however, […]Read More

3 Reasons Refi Rates Are Higher Than Purchase Rates

“The average rate posted on Bankrate.com for a 30-year fixed refinance mortgage was 3.39% Monday, well above the 3.14% on offer for a purchase mortgage, according to the personal-finance website.” […]Read More