If you’re happy with your mortgage rate but want to tap into your home’s equity, consider how the Federal Reserve’s next ...

Instead of dealing with a high monthly payment on a 15-year mortgage, homeowners could make extra payments on a 30-year, ...

Homeowners can never borrow the full amount of their equity — they must leave around 20% of it in the home. The size of homeowner’s outstanding mortgage, the home’s current value, and the homeowner’s ...

Key takeaways Refinancing a home equity loan can lower monthly payments and lengthen or shorten your loan term. Drawbacks to refinancing a home equity loan include prepayment penalties and closing ...

The cheapest fixed rate mortgages have edged lower once again thanks to another wave of rate cuts by lenders this week.

The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, which is mired in a sales slump as affordability constraints shut out prospe ...

With June's inflation reading coming in hotter than the month prior, the Fed is under renewed pressure to maintain its ...

When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, ...