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 ...

To determine cash-out refinance rates, mortgage lenders take a baseline interest rate and then make adjustments based on your credit score, financial profile and loan-to-value ratio. Having a higher ...

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

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 ...