Multiple benchmark refinance rates are lower. If your mortgage rate is 1% higher than today's rate, a refinance might be worth it.

Average mortgage rates for July 7 remain steady at 6.80% for 30-year loans. Here's how rates compare and tips to get the best deal.

Americans saw a chance to save a few dollars on their monthly mortgage payments and took it, pushing refinance applications up 40% versus a year ago.