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Explore firsthand accounts of how mortgage refinancing can save money, consolidate debt, and eliminate insurance costs, ...

Cash-out refinancing hits near 3-year high in Q2 Total tappable U.S. home equity reaches $11.6 trillion Some markets see equity drop as prices cool in Sunbelt, West Homeowners are cashing in on years ...

Cash-out refinances reached a 3-year high in Q2 2024. Average homeowner pulled $94K, adding $590 to monthly payment. U.S. homeowner equity hit record $17.8 trillion in Q2. About 564K borrowers now owe ...

The rate on a 30-year fixed refinance declined to 6.32% today, according to the Mortgage Research Center. Rates averaged 5.32% for a 15-year financed mortgage and 6.02% for a 20-year financed mortgage ...

Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter ...