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

More than four million borrowers could potentially benefit from locking in a lower rate. Here’s what to consider.

Mortgage rates drifted slightly lower this week, according to U.S. News data. This presents a golden opportunity for holiday ...

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 it comes to borrowing money from your home's equity, refinancing is one option that you have. By using a cash-out refinance, you can refinance your existing mortgage for more than you owe ...

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 ...

When you have equity in your home — meaning your outstanding home loan balance is less than the house’s value — you can take out loans against that equity. You have two options: refinancing your ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. You took out a home ...

If you meet the minimum requirements, refinancing a home equity loan may lower your interest rate and reduce your monthly payments. Some or all of the mortgage lenders featured on our site are ...

Annual spending on home improvements has been down in recent years, but that’s expected to change in 2025 with a 1.2% increase in renovation spending, according to a report by the Joint Center for ...

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

Refinancing a home equity loan can lower monthly payments and lengthen or shorten your loan term. Drawbacks to refinancing a home equity loan include prepayment penalties and closing costs.