Oct. 2 at 3:13 PM
$ORC via AI: The state of mortgage refinancing is characterized by moderately high rates, with the national average for a 30-year fixed refinance around 6.60% and a 15-year fixed refinance near 5.90% as of early October 2025. While rates are higher than the COVID-19 pandemic lows, they have seen some decline from earlier in the year and are expected to remain somewhat elevated, above 6%, through the remainder of 2025 and into 2026. The Mortgage Bankers Association (MBA) Refinance Index has also decreased significantly, indicating a slowdown in refinance activity. I am currently neutral on this stock.