Mortgage rates fall below 6%—how to decide if refinancing is worth it for you
A $400,000 mortgage refinanced at today’s rates could lower monthly payments by roughly $260, though closing costs can offset those savings.
Last updated: 2026-02-24 22:15:26 ET
A $400,000 mortgage refinanced at today’s rates could lower monthly payments by roughly $260, though closing costs can offset those savings.
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