Paul L. Underwood is a writer and editor specializing in finance whose work has appeared in The New York Times, Esquire, Texas Monthly and more. Paul lives in Austin, Texas, with his wife, two ...

Mortgage rates started to climb in late 2021. As a result, refinance activity decreased gradually and subsided altogether by 2023. During the initial quarter of 2023, the number of new loans initiated ...

You have hefty financial goals or need to make a big-ticket purchase but don’t quite have the cash on hand. A cash-out refinance could be an option if you have a sizable amount of equity in your home.

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 ...

"This is the million dollar question, and it's not the same for everyone," says Earl Dell, SVP of national retail sales and acquisitions at Mutual of Omaha Mortgage. "A lot of this goes into what your ...

Refinancing a mortgage may be a good move for you if you can lower your current interest rate or shorten your term to save on your monthly payments. But those aren’t the only reasons. Maybe you need ...

Joshua Rodriguez is a personal finance and investing writer with a passion for his craft. When he's not working, he enjoys time with his wife, two kids and two dogs. But it can be difficult to decide ...

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When someone gets a VA cash-out refinance, they are applying for a new loan, a new interest rate and new monthly payments. Veterans who qualify can apply for this loan in order to receive cash based ...