A home equity loan offers multiple advantages in today's economy. Thanks to elevated home prices, the average homeowner now has over $300,000 worth of equity to potentially borrow from. And despite ...

Refinancing your mortgage doesn’t have to mean losing home equity. Just the opposite, in fact: The goal of a refi generally is to get a new loan with lower interest rates, making repayments easier and ...

After steadily climbing for the last 2 1/2 years, mortgage rates have been declining since May. It’s a welcome trend in a housing market that has seen the highest rates in more than 20 years. Now that ...

Are you interested in refinancing your home loan or tapping into your home’s equity? Vice President of Member Services at Austin Telco Federal Credit Union, Pamela Cotton, spoke with Studio 512 about ...

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. To ...

It can make sense to refinance your home equity loan as interest rates decline, but only in certain circumstances.

With interest rates starting to trend downward and talk of future rate cuts from the Federal Reserve, you might wonder when the right time is to refinance your mortgage. When you refinance, you’re ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. You want to refinance ...

Hands exchanging keys with a model home attached - Kmpzzz/Shutterstock The average American mortgage is 30 years long, but most homeowners move or refinance long before that term is done. In some ...

Whether buying, selling, or refinancing your home, the appraisal process is a critical step. Everybody wants to know what it's worth. FOX 5 Real Estate Expert John Adams dropped by Good Day to give ...