The benefits of both have shifted in today's interest rate climate. Here's what potential borrowers should know now.

I bought two houses for $35,000 each — but when the price is that low, finding a home equity loan or HELOC for renovations is ...

Equity-rich homeowners are opting for HELOCs because these lines of credit come with variable interest rates and are tied to ...

See current 30-year refinance rates and how they've been trending. Find the lowest rates to save on your mortgage, lower your ...

But a cash-out refinance does just that — by replacing your existing mortgage, you can draw a lump sum from the value accrued in your home. There are considerations to weigh, of course.

Cash-out borrowers used money to pay down credit card debt and auto loans The Consumer Financial Protection Bureau (CFPB) has published a report about financial outcomes for cash-out refinance ...

The CFPB found that cash-out refi borrowers positively impacted their credit card and auto loan balances as well as credit ...

While a cash-out refinance is one choice to access this equity, it's just one of several ways to tap into your home's value. Other options, like home equity loans and lines of credit and personal ...

A cash-out refinance lets you tap into the equity you’ve built up from years of regular mortgage payments. In exchange for a reduction of equity, you get access to cash that you can use for ...

Do you want access to cash? Go for a cash-out refinance. Do you already have a government home loan — such as an FHA loan — and want to refinance into the same type of mortgage? A streamline ...