The benefits of both have shifted in today's interest rate climate. Here's what potential borrowers should know now.

Have a home equity loan? Refinancing to a HELOC right now could reduce your interest rate. Here's what to know.

Your equity equals your home's current value minus the amount you owe on it. You can borrow against this equity, preferably ...

You can refinance a home equity and, with rates currently in decline, now might be a good time to do it. Refinancing a home equity loan can lower monthly payments and lengthen or shorten your loan ...

A cash-out refinance lets you borrow against your home's equity by replacing your current mortgage with a bigger one, giving ...

Buying a home is a goal for many people and may be one of the most important financial decisions or investments you make in a lifetime. If you’re thinking of buying your first home, or a new home, ...

By focusing on refinancing, lenders can help borrowers reduce their monthly payments, consolidate debt, or access home equity for major expenses. This not only enhances borrower satisfaction but also ...

a home equity line of credit (HELOC) might be a better financial tool than a cash-out refinance. That’s particularly true in cases where you need a relatively small dollar amount. When comparing ...

So, consumers in the latter cohort (those who took out home equity loans) might have a case for refinancing. Do you have a home equity loan and are thinking about refinancing to a lower-rate HELOC?