A half-point dip may not be enough to offset closing costs. Here's the magic number that makes refinancing pay off.

The median length of time it takes to save for a down payment across all 50 states is 13 years and seven months. But in some states — including the entire Midwest — savers can achieve this milestone ...

The rate on a 30-year fixed refinance declined to 6.26% today, according to the Mortgage Research Center. Rates averaged 5.28 ...