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 ...
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 ...
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 ...
“Marry the house, date the rate” is when you buy your dream home today with the intention of refinancing in the future to a better interest rate or term. While this strategy can lower your monthly ...
The Fed’s rate cut has many homeowners wondering about refinancing. But the connection between Fed policy and mortgage rates ...
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 ...
A no-closing-cost refinance means you won’t pay closing costs upfront — but you will roll them into your loan or pay a higher interest rate. A no-closing-cost refinance saves you some money at closing ...
Poor credit, limited income and no equity don't usually prevent you from refinancing with an FHA streamline refinance. You can refinance without an appraisal. Lower your interest rate, change your ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Against today's economic backdrop, then, it may make sense to refinance ...
But if you secured a home equity loan recently, you might eventually be able to save even more by refinancing your home equity loan to a loan with a lower rate. Should you do that once rate cuts are ...
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 ...
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 ...