Despite the recent improvement, things were better in September, when the 30-year average plunged to a two-year low of 5.89% ...

Here are your options for refinancing a HELOC. Second mortgages and refinancing are two ways to tap your home equity, but they work differently. Here’s how to decide between a refinance or a ...

Like the streamline program, an FHA rate-and-term refinance is not a cash-out program — the purpose is to help you reduce ...

Compare two options for accessing the cash in your home — cash-out refinancing or home equity loans — to pay for renovations, ...

First, you could refinance into a conventional loan that won't charge private mortgage insurance (PMI) if you have at least 20% equity. Second, with an even higher home value, you can get more ...

A cash-out refinance is a way to access cash by replacing your current mortgage with a new, larger loan. But if mortgage rates have risen since you bought your home, the costs may not be worth it.

Kiah Treece is a small business owner and personal finance expert with experience in loans, business and personal finance, insurance and real estate. Her focus is on demystifying debt to help ...

In this week's update on mortgage applications from the Mortgage Bankers Association (MBA), purchases continued a modest retreat but refinance demand improved for the 2nd week in a row. This was just ...

Mortgage applications increased 2.3% on a seasonally adjusted basis in the latest MBA survey. This follows the prior week’s 12% increase in refinance applications, which marked the strongest ...

“Mortgage applications responded to these lower rates and were up for the week overall, driven by a 12% increase in refinance applications, which had their strongest week since December 2024.