The rate on a 30-year fixed refinance dropped to 6.17% today, according to the Mortgage Research Center. Rates averaged 5.29% ...

Mortgage Research Center. Rates averaged 5.28% for a 15-year financed mortgage and 5.94% for a 20-year financed mortgage.

Buying your home was probably one of the most (if not the most) expensive purchases you've ever made. In some cases, refinancing your home may be the best way to rearrange your mortgage and finances.

A half-point dip may not be enough to offset closing costs. Here's the magic number that makes refinancing pay off.

Refinancing could make sense if you want to lower your interest rate, get rid of mortgage insurance or change loan terms Written By Written by Staff Deputy Personal Finance Editor, Buy Side Valerie ...

TD Bank was a top choice for best overall home equity lender, boasting both a HELOC and home equity loan that were highly ...

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Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. While both moves ...

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 ...

Katherine Watt is a former CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa ...

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 ...

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