A cash-out refinance offers benefits like access to money at potentially a lower interest rate, plus tax deductions if you itemize. On the downside, a cash-out refinance increases your debt burden and ...

You won’t owe taxes on the cash you receive from a cash-out refinance. If you use the cash to fund capital improvements on your home, the interest may be tax-deductible. Any mortgage interest you ...

A "no-closing-cost refinance" has closing costs. You just pay them over time instead of up front. A refinance with no closing costs can be helpful because it frees up cash for other things. A no-cost ...

A cash-in refinance is the opposite of a cash-out refinance: you'll refinance your mortgage for a lower interest rate with a higher down payment. Maybe you've gotten an inheritance, a bonus at work or ...