We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. These products, which allow homeowners to borrow equity from their home ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. You took out a home ...

Both can tap your home's equity, but one could cost you a lot more than the other when the new year rolls around.

When you have equity in your home — meaning your outstanding home loan balance is less than the house’s value — you can take out loans against that equity. You have two options: refinancing your ...

Whether you’re looking to lower your monthly mortgage payment, lock in a better interest rate, or tap into your home’s value for cash, there’s one number that matters most: your home equity. Home ...

Home equity is a valuable financial resource. By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 and you ...

Finding the right lender makes all the difference when you refinance a mortgage. We review the best mortgage refinance ...

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 ...

Home equity loan refinances can reduce your monthly payments, though there are some risks to be aware of. As home equity loan rates continue to decline, homeowners may consider a home equity loan ...

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 ...

Home equity is one of the biggest sources of wealth for American homeowners. Without the right context, decisions about home ...