Mortgage Research Center. Rates averaged 5.24% for a 15-year financed mortgage and 6.04% for a 20-year financed mortgage.

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Mortgage Research Center. Rates averaged 5.24% for a 15-year financed mortgage and 6.04% for a 20-year financed mortgage.  ...

A smart refinance can save you thousands, but only if you know how to avoid costly pitfalls, calculate true savings and ...

The best cash-out refinance lenders have strong online tools, fee discounts, and more. Find the best cash-out refi lender for ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Whether you’re looking to lower your monthly mortgage payment, lock in a better interest rate, or tap into your home’s value for cash, there’s one number that matters most: your home equity. Home ...

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 ...

Refinancing your mortgage may not be the best decision for you, so consider the reasons not to refinance your home. A homeowner with financial woes could find themselves considering refinancing their ...

Hands exchanging keys with a model home attached - Kmpzzz/Shutterstock The average American mortgage is 30 years long, but most homeowners move or refinance long before that term is done. In some ...

Home equity is at historic highs. If you've faithfully paid your mortgage over the years, you've likely built up quite a bit of it yourself. According to the Federal Reserve, American homeowners are ...

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