Both offer viable ways to borrow $50,000 worth of home equity, but only one has timely benefits worth knowing now.

Normally when someone has a low mortgage rate, they don’t refinance into a higher one ...

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 ...

SoFi reports refinancing a mortgage replaces an old loan with a new one, potentially offering better terms, but costs must be ...

Home equity loans, HELOCs and cash-out refinances are three popular ways to borrow money, using your home as collateral. A cash-out refinance replaces your existing mortgage while home equity loans ...

Refinancing a mortgage means getting a new loan to replace your current mortgage, which could lower your interest rate, accelerate your repayment term or cash out equity — all of which can help you ...

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

When interest rates fall, you may want to refinance your mortgage. But can you explain what you hope to get out of refinancing? “If you want to refinance, I say, ‘Well, what do you want to do? What do ...

Cash-out refinancing hits near 3-year high in Q2 Total tappable U.S. home equity reaches $11.6 trillion Some markets see equity drop as prices cool in Sunbelt, West Homeowners are cashing in on years ...