A cash-out refinance replaces your current mortgage with a new, larger one. It includes the remaining balance of your original loan plus an additional amount that you’ll withdraw in cash. This cash ...

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 ...

Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter ...