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 ...

Refinancing could make sense if you want to lower your interest rate, get rid of mortgage insurance or change loan terms ...

A cash-out refinance replaces your current mortgage with a new, larger one. It includes the remaining balance of your original loan plus an additional amount that you’ll withdraw in cash. This cash ...

The rate on a 30-year fixed refinance decreased to 6.42% today, according to the Mortgage Research Center. Rates averaged ...

The rate on a 30-year fixed refinance increased to 6.41% today, according to the Mortgage Research Center. Rates averaged ...

Then, for FHA loans, a streamline refinance generally requires 210 days after closing, while a cash-out refinance typically ...

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 ...