Homeowners Face Higher Refi Rates: Mortgage Refinance Rates on Jan. 7, 2025

Multiple important refinance rates were higher this week, but refinancing could be still make sense for other reasons.

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum laude from Colgate University with a bachelor's degree in English literature.