If your property value has increased, you may be able to move up the day you drop your mortgage insurance coverage. And even ...

Another decrease in mortgage interest rates has led to an uptick in home loans, as well as homebuyers looking to refinance.

With refi rates dropping to their lowest level since March, homeowners with a pricey mortgage may have the opportunity to ...

More homeowners decided to refinance their current mortgage, as interest rates remained fairly steady—under 7%.

Mortgage refinancing is a way to replace your current mortgage with a new one—complete with new terms and a new rate. See how a mortgage refinance works and how it can reduce monthly payments or ...

While home equity loan rates at 8.38% (on average) are higher than mortgage refinance rates at 6.80% for a 30-year refinance, home equity loans will allow you to keep your current mortgage rate.

The average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months, welcome news for prospective ...

Refinancing your mortgage comes with closing costs, typically ranging from 2% to 5% of your loan amount. This includes appraisal fees, loan application fees and title search fees, among others.

For example, you might need to make at least 15 on-time mortgage payments before you can apply for a refinance. As you prepare to refinance your mortgage, it’s also a good idea to avoid new credit.