Refinancing a home can be a very smart financial move for many homeowners looking to lessen the burden of paying a loan. It involves replacing your current mortgage with a new one that has favorable ...

Perhaps interest rates have dropped enough to pull the trigger. Maybe you want to tap your equity to fund a major home remodel.Or shorten your mortgage term and save thousands on interest. Or pay down ...

With interest rates near historic lows, now is a good time to consider refinancing your home. Refinancing a mortgage can potentially save you money over the life of a loan. Here are a few tips to help ...

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 ...

If you've been paying any attention to the financial news, you know that the Federal Reserve Board chose to lower the federal funds rate in September. Although this doesn't have a direct impact on ...

Home equity loan refinances can reduce your monthly payments, though there are some risks to be aware of. As home equity loan rates continue to decline, homeowners may consider a home equity loan ...

Home equity is at historic highs. If you've faithfully paid your mortgage over the years, you've likely built up quite a bit of it yourself. According to the Federal Reserve, American homeowners are ...

Our team researched more than two dozen of the country’s most home equity lenders, including large companies like Navy Federal Credit Union, U.S. Bank, TD Bank, Third Federal and Spring EQ. 640 Data ...

Tim Maxwell is a freelance writer who covers investing, real estate, banking, credit education and other personal finance topics. As a result, it may be worth considering whether refinancing your home ...

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. While both moves ...

Refinancing your mortgage loan could take between 30 and 45 days on average. The timeline covers finding a lender, applying, fulfilling lender requests and closing on the loan. You can speed up the ...