Ever thought about refinancing your home? You hear the term - maybe see ads for it - but what’s the real deal? Is it a smart money move or a financial trap? FOX 5 real estate expert John Adams joined ...

Mortgage Research Center. Rates averaged 5.24% for a 15-year financed mortgage and 6.04% for a 20-year financed mortgage.  ...

Refinancing could make sense if you want to lower your interest rate, get rid of mortgage insurance or change loan terms ...

A smart refinance can save you thousands, but only if you know how to avoid costly pitfalls, calculate true savings and ...

A mortgage refinance swaps out your old mortgage with a new one, including a fresh set of terms and interest rate. It may or may not come with financial benefits, depending on your goals and how a new ...

What is refinancing? When should homeowners consider it? Refinancing could save homeowners thousands of dollars during the course of their home loan. It can improve the interest rate, the terms of the ...

Poor credit, limited income and no equity don't usually prevent you from refinancing with an FHA streamline refinance. You can refinance without an appraisal. Lower your interest rate, change your ...

Mortgage Research Center. Rates averaged 5.24% for a 15-year financed mortgage and 6.04% for a 20-year financed mortgage.  ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...