Normally when someone has a low mortgage rate, they don’t refinance into a higher one ...

The rate on a 30-year fixed refinance climbed to 6.35% today, according to the Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.38%, and for 20-year mortgages, ...

The rate on a 30-year fixed refinance dropped to 6.28% today, according to the Mortgage Research Center. The average rate on ...

Refinancing your mortgage can free up cash by lowering your monthly payments, or save you money over time by lowering your interest rate. However, finding an advantageous refinancing option can be ...

Home equity loans, HELOCs and cash-out refinances are three popular ways to borrow money, using your home as collateral. A cash-out refinance replaces your existing mortgage while home equity loans ...

SoFi reports refinancing a mortgage replaces an old loan with a new one, potentially offering better terms, but costs must be carefully weighed.

Refinancing your mortgage could make sense for several reasons: lowering your interest rate, taking cash out or switching to a fixed-rate loan. For most borrowers, the ideal time to refinance is when ...

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. The Federal Reserve ...

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 ...