Mortgage Research Center. Rates averaged 5.25% for a 15-year financed mortgage and 5.99% for a 20-year financed mortgage.

Compare today’s best mortgage refinance rates, compiled from hundreds of loan offers and analyzed by Investopedia’s mortgage rate experts.

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. These products, which allow homeowners to borrow equity from their home ...

Home equity loans, HELOCs and cash-out refinances are three popular ways to borrow money, using your home as collateral. A cash-out refinance replaces your existing mortgage while home equity loans ...

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 ...

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 ...

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. While both moves ...

Yes, you can refinance both home equity loans (HELoans) and home equity lines of credit (HELOCs) — and if you borrowed during the 2023 rate spike, now might be the time to look into it. Home equity ...

WASHINGTON — A mortgage industry group representing small and mid-sized lenders urged Department of Veterans Affairs Secretary Doug Collins to delay ending a home loan rescue program run by the VA ...

Compare options for financing your home renovations ...