Today's mortgage and refinance rates: January 17 2023 | Rates likely to trend down further this year

Mortgage rates have trended down over the past few days and will likely fall further throughout 2023 as inflation eases and the Federal Reserve slows its pace of hikes to the federal funds rate. As rate drop, those who have been priced out of the market due to high mortgage rates and rising home prices may finally be able to re-enter the market and find a home that fits their budget. Likewise, those who got their mortgages when 30-year fixed rates were spiking above 7% will have an opportunity to refinance and put some extra cash back into their monthly budgets.

https://www.businessinsider.com/personal-finance/best-mortgage-refinance-rates-today-tuesday-january-17-2023-1