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 ...

When mortgage rates drop even one single percentage point, a refinance may help you see a noticeable difference in your monthly payment and total loan costs.

Refinancing can help you get a lower monthly payment or a reduced interest rate Written By Written by Staff Loans Editor, WSJ | Buy Side Hannah Alberstadt is a Buy Side staff editor specializing in ...

Your location, loan amount and chosen lender can impact your refinancing costs.

This week the Freddie Mac 30-year fixed interest rate averaged 6.35%. Sam Khater, Freddie Mac’s chief economist, noted the 15 basis point-drop from last week was the largest weekly drop in a year.