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

To get the refinance you want, you need to explain your goal in words that the lender understands. This is a guide to what to say, complete with sample sentences that you can use as you kick off a refinancing conversation with a loan officer or mortgage broker.

The average rate on a 30-year U.S. mortgage edged lower this week, staying relatively close to its low for the year

Interest in mortgage loan refinancing has rocketed in recent weeks, making it clear that homeowners are paying attention to what's happening with the shifting rate environment. The average rate for a 30-year fixed mortgage slipped to 6.13% in the week ...

Refinancing a mortgage because interest rates have dropped can cut monthly payments and build home equity faster. Here’s how to decide if it’s time.

Mortgage rates have finally started to wobble instead of marching relentlessly higher, and that has a lot of homeowners wondering if it is time to reset their biggest monthly bill. The right refinance can cut interest costs,

Splitero reports that homeowners can access equity through cash-out refinances or home equity investments, each suited for different financial needs.

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, insurance and more have been featured on US News & World ...

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