The rate on a 30-year fixed refinance dropped to 6.14% today, according to the Mortgage Research Center. The average ...

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, ...

Discover expert tips on advising clients about mortgage refinancing, considering current low-interest rates and ...

With home prices climbing steadily over the last few years, today's homeowners are sitting on record-high levels of tappable ...

Joshua Rodriguez is a personal finance and investing writer with a passion for his craft. When he's not working, he enjoys time with his wife, two kids and two dogs. But even if there's no change made ...

If you bought a home in the US in the past few years, a period when mortgage rates surged to their highest levels in more than two decades, you probably had a plan: “Date the mortgage rate and marry ...

A smart refinance can save you thousands, but only if you know how to avoid costly pitfalls, calculate true savings and ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

New weekly data from Freddie Mac shows mortgage rates in a tumble, landing 30-year fixed rates at 6.50%. “As rates continue to drop, the number of homeowners who have the opportunity to refinance is ...

Refinancing a home equity loan can lower monthly payments and lengthen or shorten your loan term. Drawbacks to refinancing a home equity loan include prepayment penalties and closing costs.

Hands exchanging keys with a model home attached - Kmpzzz/Shutterstock The average American mortgage is 30 years long, but most homeowners move or refinance long before that term is done. In some ...