Igniting a Refinance Surge Ahead of Spring Housing Season The average rate on a 30-year fixed loan fell to 5.99% this week, matching its lowest level since 2022. A year ago, borrowers faced rates closer to 6.9%, underscoring how sharply financing costs have eased in recent months. The pullback is already reigniting refinancing activity. Applications to refinance a home loan have surged roughly 130%...