The rate on a 30-year fixed refinance slipped to 6.27% today, according to the Mortgage Research Center. Rates averaged 5.33% ...

Both products provide financing with traditionally low rates, but there are unique benefits and downsides to both.

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...

The Federal Housing Finance Agency is increasing the size of home loans that the government can guarantee against default as ...

If you've had your mortgage for a while or have built equity in your home, you may have considered refinancing. Refinancing is when you take out a new home loan to pay off the existing one to ...

More lenders are approving home equity loans without traditional appraisals, cutting weeks off the process. Here's how ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Still, the number of Americans turning to these riskier loans has climbed sharply. The share of homebuyers using ARM loans has more than tripled over the past five years, according to the Mortgage ...

The rate on a 30-year fixed refinance slipped to 6.34% today, according to the Mortgage Research Center. The 15-year, ...

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Refinancing is the process of changing your home loan or mortgage to new terms, including the interest rate, the loan duration and the loan type. A home equity loan, often called a second mortgage, is ...