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 ...

Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three ...

Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.28%, and for 20-year mortgages, the ...

In the interest rate environment of 2020 and 2021, cash-out refinancing or a traditional refinance made a lot of sense for homeowners in need of extra funding. The latter allowed them to obtain that ...

Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter ...

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 ...

FILE - For Sale sign is displayed in Skokie, Ili., July 24, 2025. (AP Photo/Nam Y. Huh, File) (Nam Y. Huh, Copyright 2025 The Associated Press. All rights reserved ...

A home equity line of credit, or HELOC, is a type of second mortgage, while a refinancing is where the terms of the existing debt are renegotiated. A refinancing pays off the existing mortgage and ...

Mortgage rates have declined to their lowest in a year, increasing refinance eligibility and home equity borrowing. Homeowners hold $11.2 trillion in tappable equity, creating new volume opportunities ...