refinance rate drop
Spot 12‑Basis‑Point Drop in Mortgage Rates, Save $36k
A 12-basis-point drop on a $400,000 mortgage cuts the annual interest cost by roughly $1,200 and totals about $36,000 in savings over a 30-year loan. This modest shift can make the difference between a stretched budget and a comfortable cash flow. The 12-point move equals $25 less