Mortgage Research Center. Rates averaged 5.24% for a 15-year financed mortgage and 6.04% for a 20-year financed mortgage.  ...

The rate on a 30-year fixed refinance dropped to 6.13% today, according to the Mortgage Research Center. The average ...

Refinancing could make sense if you want to lower your interest rate, get rid of mortgage insurance or change loan terms ...

Refinancing your home equity loan can cut thousands in interest — especially if you're stuck with rates from 2023's spike. Here's how to decide if it's right for you.

For many homeowners, a house represents more than just a place to live. Over time, it also becomes a financial asset as mortgage balances decrease and property values rise. When a major expense comes ...

Borrowers should carefully weigh their home equity loan pros and cons before getting started with the product. /iStockphoto .

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. These products, which allow homeowners to borrow equity from their home ...

A "no-closing-cost refinance" has closing costs. You just pay them over time instead of up front. A refinance with no closing costs can be helpful because it frees up cash for other things. A no-cost ...

Home equity is at historic highs. If you've faithfully paid your mortgage over the years, you've likely built up quite a bit of it yourself. According to the Federal Reserve, American homeowners are ...

Whether you’re looking to lower your monthly mortgage payment, lock in a better interest rate, or tap into your home’s value for cash, there’s one number that matters most: your home equity. Home ...

Joshua Rodriguez is a writer with a passion for helping people understand the impact of their financial decisions (good or bad). His articles on mortgages, home equity loans, credit cards, budgeting, ...

WASHINGTON — A mortgage industry group representing small and mid-sized lenders urged Department of Veterans Affairs Secretary Doug Collins to delay ending a home loan rescue program run by the VA ...