Refinancing your home equity loan can cut thousands in interest — especially if you're stuck with rates from 2023's spike. Here's how to decide if it's right for you.

A smart refinance can save you thousands, but only if you know how to avoid costly pitfalls, calculate true savings and choose the right loan for your goals.

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 ...

If mortgage rates are lower now than they were when you originated your current loan, then refinancing can help reduce your monthly payments and work faster toward paying off your house. A cash-out ...

For many homeowners, refinancing sounds like an easy way to save money, lower payments, or free up cash. After all, as interest rates fall, why not replace your existing loan with something cheaper? A ...

Joshua Rodriguez is a writer with a passion for helping people understand the impact of their financial decisions (good or bad). His articles on mortgages, home equity loans, credit cards, budgeting, ...

A mortgage refinance swaps out your old mortgage with a new one, including a fresh set of terms and interest rate. It may or may not come with financial benefits, depending on your goals and how a new ...

Homeowners often use solar loans to finance their clean energy systems, but these loans don’t have to run the full eight to 20 years. Refinancing might make sense as your financial situation changes ...

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 ...

Military life isn't always easy, so when active-duty members and veterans have the opportunity to take advantage of service-related perks, those perks are at least worth looking into, right?

Extending your loan term may result in higher interest payments over time. By converting unsecured debt (like credit cards) into secured debt, you put your home at risk if you fall behind on payments.