If the past is prologue, millions of homeowners with high-rate mortgages won’t refinance their loans, even as mortgage rates tumble. Refinancing offers significant savings and can potentially improve ...

*Sample rates presented here are valid as of August 15 and can change at any time. Homeowners are sitting on record amounts of home equity thanks to the significant increase in home prices during the ...

Many homeowners think refinancing is the process of lowering a monthly mortgage payment or securing a better interest rate. But in today’s housing and financial landscape, refinancing has taken on a ...

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 ...

If you bought a home in the US in the past few years, a period when mortgage rates surged to their highest levels in more than two decades, you probably had a plan: “Date the mortgage rate and marry ...

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 ...

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 ...

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 ...

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 ...

The average American mortgage is 30 years long, but most homeowners move or refinance long before that term is done. In some ...