You can tap into your home’s equity to get cash, but you’re going to take on more debt. David McMillin writes about credit cards, mortgages, banking, taxes and travel. Based in Chicago, he writes with ...

Refinancing replaces your current mortgage with a new one, adjusting the rate, term or both. With refinancing, you can change the loan type and lender. To refinance a mortgage, you’ll pay between 2 ...

The FHA streamline refinance program makes it easier and cheaper for borrowers who have a Federal Housing Administration-insured mortgage to refinance their loans at lower rates. FHA streamline ...

Mortgage rates continue to hover at record lows, and if you own your home, you may be considering whether it’s a good time to refinance. Lowering your monthly payment is a popular reason to refinance ...

A cash-out refinance replaces your current mortgage with a new, bigger one that converts some of your home’s equity to cash. The terms of your refinanced mortgage might significantly differ from your ...

Home equity loan refinances can reduce your monthly payments, though there are some risks to be aware of. As home equity loan rates continue to decline, homeowners may consider a home equity loan ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

A jumbo mortgage refinance is similar to refinancing a conventional home loan, though it comes with stricter eligibility requirements. A jumbo home loan is a mortgage that exceeds Freddie Mac and ...

Major purchases are often funded with personal loans, but if you have equity in your home, you have another option. You might be able to do a cash-out refinance on your mortgage to use the equity you ...

You have hefty financial goals or need to make a big-ticket purchase but don’t quite have the cash on hand. A cash-out refinance could be an option if you have a sizable amount of equity in your home.