You can refinance your home for many reasons including if you need to access your equity, if you want a lower rate, and more.

Home equity loan refinances can reduce your monthly payments, though there are some risks to be aware of. As home equity loan rates continue to decline, homeowners may consider a home equity loan ...

Refinancing replaces your current mortgage with a new one, adjusting the rate, term or both. With refinancing, you can change the loan type and lender. To refinance a mortgage, you’ll pay between 2 ...

The average 30-year mortgage rate in the United States has fallen from a peak of 7.9% in late 2023 to the current level of around 6% as of late September. Many people who bought homes in the past ...

Although mortgage interest rates surged in recent years, making homebuying difficult for many Americans, home values rose at ...

Splitero reports refinancing isn't always a smart choice; hidden costs, waiting periods, and risks can outweigh potential ...

Interest rates have remained stubbornly high over the past year as the Federal Reserve tried to push back against sticky inflation. While rate cuts were, at one point, expected to happen starting in ...

What is refinancing? When should homeowners consider it? Refinancing could save homeowners thousands of dollars during the course of their home loan. It can improve the interest rate, the terms of the ...

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 ...

Maurie Backman is a personal finance writer who covers topics ranging from Social Security to credit cards to mortgages to REITs. She also has an editing background and appears on live podcasts to ...

Military life isn't always easy, so when active-duty members and veterans have the opportunity to take advantage of service-related perks, those perks are at least worth looking into, right?