Here are the average annual percentage rates (APR) on 30- and 15-year fixed mortgage refinances and 5/1 ARM refinances: Today’s Mortgage Refinance Rates The average APR for a 30-year fixed refinance ...

Refinancing your mortgage loan could take between 30 and 45 days on average. The timeline covers finding a lender, applying, fulfilling lender requests and closing on the loan. You can speed up the ...

A cash-out refinance can help you get the cash needed to purchase a second home. But is it a strategic move, or should you pursue other financing options? To decide, familiarize yourself with how this ...

With interest rates near historic lows, now is a good time to consider refinancing your home. Refinancing a mortgage can potentially save you money over the life of a loan. Here are a few tips to help ...

You want to refinance your mortgage but aren’t sure which options are most ideal. Regardless of your reason for wanting to refinance, there are several variations of mortgage refinance loans to choose ...

New weekly data from Freddie Mac shows mortgage rates in a tumble, landing 30-year fixed rates at 6.50%. “As rates continue to drop, the number of homeowners who have the opportunity to refinance is ...

Rising home values have translated into large equity gains over the past few years. As of 2024, homeowners hold an average of $315,000 in equity. A cash-out refinance allows you to tap into your home ...

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 ...