The rate on a 30-year fixed refinance increased to 6.41% today, according to the Mortgage Research Center. Rates averaged ...

Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.46%. On a 20-year mortgage refinance, the ...

Kim is a freelance contributor to Newsweek’s personal finance team. She began her career on the Bankrate copy desk in 2010, worked as a managing editor at Macmillan and went full-time freelance in ...

Rising home values have translated into large equity gains over the past few years. As of 2024, homeowners hold an average of $315,000 in equity. A cash-out refinance allows you to tap into your home ...

Are you saddled down by debt? If so, you may be eligible for a cash-out refinance to make your debt load more manageable. But is this a smart financial move? It depends on your financial situation.

SoFi reports that home equity loans include fixed-rate loans, HELOCs, and cash-out refinancing, with options varying based on ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Mortgage rates fell to 6.45%, sparking a potential refinance wave, and they could reach 5% by 2026 as the Fed considers ...

A cash-out refinance replaces your current mortgage with a new, bigger one and converts the difference between the two balances into cash. The terms of your refinanced mortgage might significantly ...