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Mortgage rate drop equals big savings for homeowners. Thanks to. Are you considering refinancing your current mortgage loan? Then shop.

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There are now about 5.9 million borrowers who could see their rates drop by at least 75 basis points by refinancing their mortgages.. One number in Tesla's earnings report will make or break the.. fixed has fallen from a recent high of 4.23% on May 21 to 3.94% now, according to Mortgage News Daily.

Homeowners are looking to refinance their mortgages. Should you?. If you do refinance, shop around for the lender.. Like WTOP on Facebook and follow @ WTOP on Twitter to engage in conversation. Related News.

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For some homeowners, it could still be a good time to refinance. The average 30- year fixed-rate mortgage has dipped below the 4% mark.. If you can shave at least 1 percentage point from your current mortgage rate, then.