Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.36%. For 20-year mortgage refinances, ...

Ever thought about refinancing your home? You hear the term - maybe see ads for it - but what’s the real deal? Is it a smart money move or a financial trap? FOX 5 real estate expert John Adams joined ...

Refinancing a mortgage means replacing your existing mortgage with a new loan. You can use a refinance to turn some of your home equity into cash, but it’s also possible to hold onto your home equity ...

With mortgage rates on a steady decline, current homeowners may want to start exploring their refinancing options.

After years of building equity in your home, you might find yourself needing access to funds. Indeed, the average U.S. homeowner now has about $207,000 in "tappable" equity – that is, funds they could ...

What is refinancing? When should homeowners consider it? Refinancing could save homeowners thousands of dollars during the course of their home loan. It can improve the interest rate, the terms of the ...

Considering the current mortgage rate of around 6.41% in September 2025, and knowing that rates were half as much 10-15 years ago, it’s becoming increasingly hard to convince anyone that buying a ...

With high mortgage rates and a limited inventory of homes to contend with, it can be difficult to find affordable options. But, doing so isn't impossible. That's especially true if you have a strong ...

Mortgage rates dropped this week. The 30-year fixed rate is now 6.30%. This is 41 basis points below the 52-week average. The ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

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 ...

There’s been an uptick in homeowners opting to invest in big renovations in the coming year. However, with tariffs and inflation, the costs of renovations are going up, and some homeowners want to tap ...