Bankrate.com

Refinance

Is cash-out refinancing right for you?

Sometimes you need extra cash. This couple could benefit from cash-out refinancing.
Full Story

Recent refinance stories

Mortgage rates bloom despite the Fed's gloom
Mortgages shrug off the Federal Reserve's promise to hold short-term rates low for years.
Refinance or pay off mortgage on rental?
At today's rates, refinancing a rental has its advantages. Weigh these reasons before doing it.
Front-load additional mortgage loan payments?
Rates may be right to refi your mortgage, but closing costs might make your old loan a keeper.
Snag lower rates with serial refinancing?
Serial refinancing is usually a bad idea, but there are exceptions that make it a smart move.
Mortgage refinancers rush to avoid fee increase
Borrowers are crowding mortgage offices to refinance before higher fees go into effect.
Rising mortgage fees menace record-low rates
Mortgage rates stay down, but for how much longer? Higher fees are on the horizon.
Mortgage rates fall to yet another record low
Waiting until March to board the refi bus? Too bad. Mortgages hit record lows this week.
Repeat refinance could ding credit
Two mortgage refinances in three months could negatively impact a credit score.
Mortgage rates barely budge in record-low year
2011 offered the lowest mortgage rates in the 26-year history of Bankrate's weekly survey.
7 reasons why you should refinance
A refinance can make sense for many reasons, from getting a lower rate to consolidating debt.
Mortgages rise but refinances remain attractive
Mortgage rates crept up from a record low, and there's still room to refinance.
The slippery slope of serial home refinancing
At today's low rates, a refi is tempting. Follow these tips to make sure it's right for you.
Underwater? Weigh these refinancing options
You have refinancing options when you're upside down on your mortgage. Get the lowdown.
Use a cash-out refinancing to make home repairs?
A cash-out refi is one way to make home repairs, but how does it stack up with other options?
6 questions to ask before a home refinance
A refi isn't always possible or ideal. Ask these questions before taking the leap.
Refi party continues as mortgages hit record low
Mortgage rates dwindle as the furor over the euro endures, worrying investors worldwide.
Eager homeowners clamor to refinance under HARP
Mortgages are as dormant as winter grass. Will rates rise before HARP 2.0 blooms in spring?
Should you refinance home using your 401(k)?
Not getting much return in your 401(k)? Think twice before using it to refinance your home.
Refinance owner-occupied, 2-unit dwelling?
Weighing whether to refinance your property? Answer these questions to make the right decision.
Refinance after bankruptcy and late payments?
The opportunity to refinance may be nil if you are behind on payments and lack equity.
5 ways to screw up a mortgage refinance
A mortgage refinance is trickier than it was a few years ago. Here are five ways to mess up.
When is it a good idea to refinance into an ARM?
Most borrowers refinance into fixed-rate loans. Two groups might want to consider ARMs.
Pay off home faster with a cash-in refinance
Want to pay your home loan more quickly? Try cash-in refinancing or one of these other options.
Refinance to 15-year loan unless you need cash
Refinance to 15 years and save money. But if you need to free up cash, a 30-year term is the ticket.
Refinancing a 30-year mortgage? Switch to 15
You may be refinancing a 30-year mortgage, but there are good reasons to reduce the term.
Pros and cons of refinance appraisals
Not everyone needs an appraisal to refinance a home loan, but should you get one anyway?
Worth the cost to refinance?
Deciding to refinance based on how soon your home value will appreciate can be risky.
5 refinance tips for borrowers
Joining the refi boom? Be ready to move fast, and stay on top of your lender to get the best rate.
Refinance soon to avoid stricter rule
Many homeowners may be unable to refinance mortgages under a proposed federal regulation.
Refinance home to pay for college?
If you choose a cash-out refinance over student loans, you still get a tidy tax deduction.
There's more to refinancing than low rates
Dirt-cheap interest is intoxicating, but weigh these factors too when refinancing a home.
Is 15- or 30-year mortgage refinance best?
There are two reasons to refinance. Your length of term depends on why you're doing it.
What will refinancing cost?
Mortgage refinancing rates are still low, but at what price? Add up the costs before you refi.
Refinance to shorter term, shave interest
With today's crazy low rates, refinance now if you plan to stay in the house and the loan.
Do cash-in refis make sense?
Consider these factors and the three common reasons homeowners spring for a cash-in refi.
When refinancing is not a good idea
Refinancing loan rates may be low, but is now a good time for you to refinance your mortgage?
Try FHA if HARP refinancing is a no-go
If you can't meet HARP's refinancing conditions, try another program that's a better fit.
Low refinance mortgage rates are tempting
You may be tempted to refinance due to low rates, but refinancing isn't for everyone.
When is it worth it to refinance?
Many factors go into the decision to refinance. Here's how to crunch the numbers.
Tax benefit trimmed with 15-year refinance
In refinancing from 30 to 15 years, the tax benefit is less but you still make money.
Bankrupt, underwater and want to refinance
Bankruptcy can help you keep your home, but securing a better mortgage won't be easy.
Are you ready to refinance your home?
These six steps will help you decide if you're ready, and able, to refinance your home.
Refinance or pay extra on mortgage?
The key to refinancing is living in the house long enough to recoup your closing costs.
Per diem interest charged in refinance
In refinancing, there can be overlapping days when you owe mortgage interest to both banks.
Pay for divorce with cash-out refinancing
Check out of your marriage with cash-out refinancing. Use the extra cash for a settlement.
Better credit = better refi rates
Refinance rates are at historic lows. But if you have bad credit, you can't take advantage of them.
Click for the best Mortgage rates in your state
Compare Mortgage Rates»
Fixed Rates
Adjustable Rates (ARMs) and Interest Only (IOs)
Compare Mortgage Rates
Zip code:
Product:



About our rates
advertisement
advertisement
Partner Center
advertisement
Stay Connected with Bankrate
Bankrate is now on Facebook ®Bankrate is now on Facebook®
Get alerted when rates changeGet alerted when rates change
Subscribe to Bankrate's RSS FeedsSubscribe:
RSS Feeds
Subscribe to Bankrate newslettersDaily newsletters full of $$ tips