Home equity is a powerful financial tool that can fund a wide range of expenses, from home improvements to education to business ventures.

If mortgage rates are lower now than they were when you originated your current loan, then refinancing can help reduce your monthly payments and work faster toward paying off your house. A cash-out ...

With some of the lowest recorded mortgage interest rates—around 3.5 percent or lower—according to the Mortgage Bankers Association, there's been a lot of buzz about refinancing. But how do you know if ...

One of the main advantages of a 30-year mortgage is that the monthly payments are generally lower than other mortgage options. For example, with a $300,000 principal loan balance and 6.15% interest ...

Want to borrow with a home equity loan this year? Here are the pros and cons to know before getting started.

How does refinancing a mortgage work? A mortgage refinance swaps out your old mortgage with a new one, including a fresh set of terms and interest rate. It may or may not come with financial benefits, ...

*Sample rates presented here are valid as of October 29 and can change at any time. Homeowners are sitting on record levels of home equity thanks to the significant increase in home prices during the ...