Typically, the debt must be paid back upon a borrower’s death or the sale of the home. Reverse mortgages can be risky, ...

The rate on a 30-year fixed refinance rose to 6.22% today, according to the Mortgage Research Center. The average rate on a ...

The rate on a 30-year fixed refinance slipped to 6.2% today, according to the Mortgage Research Center. Rates ...

Refinancing is not free. It will likely cost you a few thousand dollars in closing costs. That covers appraisal fees, lender ...

The rate on a 30-year fixed refinance dropped to 6.22% today, according to the Mortgage Research Center. The 15-year, ...

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

In certain cases, refinancing might not make the best sense Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Lea ...

Refinancing replaces your old mortgage with a new loan, which can lower your average age of credit – a small but meaningful component of your credit score. Mortgage refinancing usually requires a hard ...

The advantages of refinancing a mortgage can include lowering your interest rate, changing your loan term and unlocking some home equity. The disadvantages of refinancing include closing costs, ...

Recover closing costs within 5 years, and other tips. May 17, 2010 — -- Have you heard? Mortgage rates hit their lowest point of the year last week. Wow, every time I think they can't go any ...

Huber Heights City Schools taxpayers are set to see some financial relief over the next nine years due to bond refinancing, ...