A cash-out refinance replaces your existing mortgage with a new loan for a larger amount. The new loan pays off your original mortgage and provides additional cash in a lump sum that can be used for ...

Cash-out refinancing hits near 3-year high in Q2 Total tappable U.S. home equity reaches $11.6 trillion Some markets see equity drop as prices cool in Sunbelt, West Homeowners are cashing in on years ...

SoFi reports that home equity loans include fixed-rate loans, HELOCs, and cash-out refinancing, with options varying based on ...

A cash-out refinance replaces your current mortgage with a new, larger one. It includes the remaining balance of your original loan plus an additional amount that you’ll withdraw in cash. This cash ...

For some homeowners, refinancing could be the right move now, but waiting it out could also come with a big payoff.

Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter ...