Ever thought about refinancing your home? You hear the term - maybe see ads for it - but what’s the real deal? Is it a smart money move or a financial trap? FOX 5 real estate expert John Adams joined ...

A no-closing-cost refinance means you won’t pay closing costs upfront — but you will roll them into your loan or pay a higher interest rate. A no-closing-cost refinance saves you some money at closing ...

Refinancing your mortgage can be a valuable financial move. It can make it easier to afford your monthly payments and/or lower the long-term cost of your mortgage. Too often, though, people face ...

After years of building equity in your home, you might find yourself needing access to funds. Indeed, the average U.S. homeowner now has about $207,000 in "tappable" equity – that is, funds they could ...

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 ...

What is refinancing? When should homeowners consider it? Refinancing could save homeowners thousands of dollars during the course of their home loan. It can improve the interest rate, the terms of the ...

The rate on a 30-year fixed refinance decreased to 6.42% today, according to the Mortgage Research Center. Rates averaged ...

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. The dip spurred ...

Home equity is a valuable financial resource. By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 and you ...

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.

“Marry the house, date the rate” is when you buy your dream home today with the intention of refinancing in the future to a ...

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 ...