Depending on your credit, you might qualify for a lower interest rate through a cash-out refinance. This could be especially helpful as you’ll be increasing the loan amount you’re paying interest on.

Home equity loans, HELOCs and cash-out refinances are three popular ways to borrow money, using your home as collateral. A cash-out refinance replaces your existing mortgage while home equity loans ...

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 ...

After years of building equity in your home, you might find yourself needing access to funds. Indeed, the average U.S. homeowner now has about $207,000 in "tappable" equity – that is, funds they could ...

FORT COLLINS, CO, UNITED STATES, January 7, 2025 /EINPresswire.com/ -- Jason Ruedy, President, CEO of The Home Loan Arranger a Colorado based top mortgage broker says ...

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 ...

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 ...

Home equity hit a record high in the second quarter of 2025, according to data from ICE Mortgage Technology, with roughly 48 million borrowers sitting on $11.6 trillion in tappable equity. Because ...

More than four million borrowers could potentially benefit from locking in a lower rate. Here’s what to consider.

And as rates decline, refinancing activity rises: Refinance applications rose 111% compared to the same week last year, according to the latest Mortgage Bankers Association’s weekly application survey ...