In a fluctuating financial environment, there are times when mortgage rates hit historic lows, presenting a golden opportunity for homeowners. One of the most significant financial decisions you can ...

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, ...

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 ...

Many homeowners look to refinance so they can take advantage of more attractive interest rates. In a nutshell, refinancing is the process of exchanging your current mortgage for a new one, typically ...