Por: CBS News Business June 28, 2023
With the right approach, tapping into your home equity can be a smart way to get the money you need. Getty Images As a homeowner, you may have heard of refinancing as a way to get out of your home. Specifically, with a , you refinance your existing mortgage for more than you owe and take the difference in cash. But you may not want to do a cash-out refinance. Maybe you already have a low interest rate or good terms on your existing mortgage, and... + full article
CBS News USA Business May 23, 2023
When you replace your current mortgage with a cash-out refinance, you can take on a larger loan and receive the difference as a lump sum. Getty Images The current high interest rate environment, coupled with elevated home prices, has a turning away from making new home... + más
How does mortgage refinancing work? | CBS News
3 smart times to refinance your mortgage | CBS News
CBS News USA Business January 21, 2023
Even with rates being higher than they were in recent years, some homeowners may still benefit from refinancing. Getty Images/iStockphoto When it comes to financial decisions, timing can be critical. This is especially true for homeowners looking to refinance. If you wait too... + más
Today’s 20-, 30-year mortgage refinance rates dip back below 7% | Fox Business
Still time to save: 10- and 15-year mortgage refinance rates hold steady | Fox Business
CBS News USA Business January 18, 2023
Many people refinance their mortgage in order to secure a lower interest rate. Getty Images/iStockphoto The start of a new year could bring about new challenges and new motivations. It can be a time to reflect on what's working and what isn't. January is also a good... + más
CBS News USA Business January 07, 2023
Depending on your goals and personal circumstances, a mortgage refinance may still be right for you. Getty Images/iStockphoto With a new calendar year underway many Americans may be considering ways to both make extra money and cut corners to help save. Fortunately, there are... + más
CBS News USA Business December 09, 2022
While refinancing may not always make sense there are many scenarios where you come out ahead. Getty Images When you first bought your home, there's a good chance you took out a long mortgage, like a 30-year fixed-rate loan. While that might have felt like almost a... + más
CBS News USA Business December 05, 2022
Refinancing your mortgage can be a great way to save money and improve your personal finances. Getty Images/iStockphoto Refinancing your mortgage can be a great way to save money and improve your personal finances. With a refinancing, you replace your current mortgage with a... + más
Mortgage refinance myths busted: What to know now | CBS News
CBS News USA Business October 21, 2022
As you embark on the mortgage refinancing process it's helpful to fully understand the potential benefits. Getty Images Mortgage interest rates have increased significantly in recent months (think: around 7%) as the Federal Reserve seeks to cool the economy and fight... + más
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