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 often use solar loans to finance their clean energy systems, but these loans don’t have to run the full eight to 20 years. Refinancing might make sense as your financial situation changes ...

Annual spending on home improvements has been down in recent years, but that’s expected to change in 2025 with a 1.2 percent increase in renovation spending, according to a report by the Joint Center ...

Annual spending on home improvements has been down in recent years, but that’s expected to change in 2025 with a 1.2% increase in renovation spending, according to a report by the Joint Center for ...

On this week’s episode of Homewi$e Amanda Krenz and mortgage expert Tyler Osby discuss how to know if it’s the best time to ...

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 ...

Refinancing a home equity loan can lower monthly payments and lengthen or shorten your loan term. Drawbacks to refinancing a home equity loan include prepayment penalties and closing costs.

The Home Affordable Refinance Program (HARP) is a Federal refinance program initiated in 2009 and targeting underwater homeowners. It is designed for homeowners who are current in their mortgage ...