You could be thinking about refinancing your home equity loan for several reasons. You might want to reduce your monthly ...

But if you already locked in a record-low rate during 2020 or 2021, then current mortgage rates may not be favorable enough to justify a refinance. — You plan to remain in your home long enough ...

Depending on the type of refinance you've chosen, you may have to get your home appraised. The mortgage refinancing process may be more straightforward than when you initially took out a loan to ...

A cash-out refinance lets you borrow against your home's equity by replacing your current mortgage with a bigger one, giving ...

Even no-closing-cost refinances have their pros and cons. Consider all of your options before jumping into a refi. Refinancing a home equity line of credit is possible, and the best time to do so ...

Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. A refinance, or refi for short, refers to revising and replacing the ...

Have a home equity loan? Refinancing to a HELOC right now could reduce your interest rate. Here's what to know.

If you're in the market for a new home, or you're thinking about refinancing your current mortgage, you may have faced some challenges. With high mortgage rates and a limited inventory of homes to ...

For some home equity loan borrowers, now may be the time to pursue a refinance. Here are three signs to look for.

Refinancing a home equity loan can lower monthly payments and lengthen or shorten your loan term. Drawbacks to refinancing a home equity loan include prepayment penalties and closing costs.