Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc. (Credible), which is majority-owned indirectly by Fox Corporation. The Fox Money content is created and ...

Chris Jennings is formally a writer and editor with more than seven years of experience in the personal finance and mortgage space. He enjoys simplifying complex mortgage topics for first-time ...

A cash-out refinance replaces your current mortgage with a new, bigger one that converts some of your home’s equity to cash. The terms of your refinanced mortgage might significantly differ from your ...

The best cash-out refinance lenders let you pay off your original loan with fast closings, low fees and reasonable terms. Your home may be your most valuable asset, but you can’t always access its ...

A cash-out refinance and HELOCs are two ways of utilizing equity in exchange for cash, but which is the better option for homeowners? A cash-out refinance and a home equity line of credit (HELOC) ...

Today, with millions of people facing tremendous financial uncertainty related to the coronavirus, cash-out refinances could help homeowners fill in some of the financial blanks. Traditional ...

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 ...

A cash-out refinance lets you tap into the equity you’ve built up from years of regular mortgage payments. In exchange for a reduction of equity, you get access to cash that you can use for whatever ...

A cash-out refinance offers benefits like access to money at potentially a lower interest rate, plus tax deductions if you ...