Myth 1: Refinancing is cost-free. Afraid not. Homeowners usually hear a lot about how much they can save by refinancing their mortgage, but they rarely hear about the upfront cost of doing so.

If you are responsible for paying off a substantial loan, like a mortgage or a student loan, you may be familiar with refinancing. If you paid attention to commercials within the past few years, you’d ...

With mortgage rates cooling to three-month lows, you may be exploring whether refinancing is worth the effort. Refinancing a mortgage is when you take out a new home loan to replace your current loan.

For a home with the median U.S. listing price of $422,600, a buyer who makes a 20% down payment at this week’s average mortgage rate would save $360 a month compared to what it would have cost ...

July 22, 2025 show both steady trends and minor shifts, leaving U.S. homebuyers and refinancers wondering—should you lock in ...

When my husband and I refinanced our mortgage in 2009, we felt confident we were making the right move. Since both of us had exceptional credit, we knew we could reduce our mortgage rate by one ...

It’s obvious there is a lot of anxiety and some confusion from people about the current economic situation and how it impacts decisions around home buying, selling and refinancing.” — said ...

Refinancing a home could help you achieve short- and long-term goals. But in many cases, refinancing isn't the only or best choice. When deciding if the disadvantages of refinancing a home loan… ...

Fortunately, there are multiple mortgage refinancing alternatives that seniors can – and should – consider now instead. Below, we'll break down three of them.

Pontiac-based United Wholesale Mortgage on Thursday, May 15, unveiled its AI virtual loan officer assistant — "Mia" — that is a voice artificial intelligence tool that can make outbound calls ...

It’s obvious there is a lot of anxiety and some confusion from people about the current economic situation and how it impacts decisions around home buying, selling and refinancing.” — said ...