The rate on a 30-year fixed refinance fell to 6.93% today, according to the Mortgage Research Center. Rates averaged 5.87% ...

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

You can refinance a home equity and, with rates currently in decline, now might be a good time to do it. Refinancing a home ...

A refinance occurs when a borrower replaces an existing loan with a new ... Other reasons to refinance your home include changing the term on the mortgage or taking out a cash value from the ...

Of course, if you're planning to buy a new home or considering refinancing your ... all of the details of the new loan you're approved for against your existing mortgage. Even if you get a better ...

This type of refinance involves replacing your existing mortgage with a lower-balance loan, which can reduce your monthly payments and help you keep your home. Lenders benefit by escaping any ...

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

Refinancing a home equity loan can lower monthly payments ... These include application fees or an early payoff penalty on your existing loan. For example, if your lender charges a 2 percent ...

Refinancing a home equity loan is not unlike refinancing ... monthly payment and predictable borrowing costs. If your existing first mortgage has a lower rate than what lenders are currently ...

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained ...