Both offer viable ways to borrow $50,000 worth of home equity, but only one has timely benefits worth knowing now.

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 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While a HELOC comes with a variable interest rate subject to change and ...

Chase Home Lending announced a limited-time rate discount for refinance mortgages that's available until Dec. 14.

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 ...

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 ...

Buying a home is perhaps the most significant purchase a person can make. But once the home is in hand, homeowners will undoubtedly find themselves in need of making repairs or upgrades to their house ...

SoFi reports refinancing a mortgage replaces an old loan with a new one, potentially offering better terms, but costs must be ...

Annual spending on home improvements has been down in recent years, but that’s expected to change in 2025 with a 1.2 percent increase in renovation spending, according to a report by the Joint Center ...