If you’ve built up some equity in your home, a cash-out refinance could be an option to access cash when you need it, such as to remodel your home or consolidate debt. This type of refinance pays off ...
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 ...
Cash-out refinances reached a 3-year high in Q2 2024. Average homeowner pulled $94K, adding $590 to monthly payment. U.S. homeowner equity hit record $17.8 trillion in Q2. About 564K borrowers now owe ...
You won’t owe taxes on the cash you receive from a cash-out refinance. If you use the cash to fund capital improvements on your home, the interest may be tax-deductible. Any mortgage interest you ...
Buying a home is perhaps the most significant purchase a person can make. But once the home is in hand, homeowners will undoubtedly find themselves in need of making repairs or upgrades to their house ...
Finding the right lender makes all the difference when you refinance a mortgage. We review the best mortgage refinance companies of 2025.
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?
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 ...