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 ...

Both can tap your home's equity, but one could cost you a lot more than the other when the new year rolls around.

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 ...

If you're looking for a smart homeowner decision that could dramatically accelerate paying off your mortgage, you may want to consider options most people ignore. One of the strongest moves is ...

The interest rate climate has already begun to shift ahead of the Federal Reserve's expected rate cuts this month. Just this week, mortgage rates dropped substantially, falling to an average of 6.35%, ...

Cash-out auto refinancing might help you secure better loan terms and access a lump sum of cash, but there are drawbacks to ...

To get the refinance you want, you need to explain your goal in words that the lender understands. This is a guide to what to ...

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 ...