Rising home values have translated into large equity gains over the past few years. As of 2024, homeowners hold an average of $315,000 in equity. A cash-out refinance allows you to tap into your home ...

If you've had your mortgage for a while or have built equity in your home, you may have considered refinancing. Refinancing is when you take out a new home loan to pay off the existing one to ...

CORAL SPRINGS, FL, UNITED STATES, November 15, 2024 /EINPresswire.com/ -- Ace Mortgage Loan Corporation, a leading mortgage lender in Coral Springs serving clients ...

Buying a home is perhaps the most significant purchase a person can make. But once the home is in hand, homeowners will undoubtedly find themselves in need of making repairs or upgrades to their house ...

LOS ANGELES, CA, UNITED STATES, October 21, 2025 /EINPresswire.com/ -- Los Angeles, CA – Jason Ruedy, also known as The Home Loan Arranger and widely regarded as ...

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 ...

What Is a Cash-out Refinance? If you opt for a cash-out refinance, you’ll take out a new, larger mortgage to replace your existing one. You’ll then receive the difference between the two loans as 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 ...

You have two options for refinancing a VA loan: a VA streamline refinance, also known as a VA IRRRL, or a cash-out refi. Some or all of the mortgage lenders featured on our site are advertising ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.