The interest rate climate has already begun to shift ahead of the Federal Reserve's expected rate cuts this month. Just this week, mortgage rates dropped substantially, falling to an average of 6.35%, ...

Recover closing costs within 5 years, and other tips. May 17, 2010 — -- Have you heard? Mortgage rates hit their lowest point of the year last week. Wow, every time I think they can't go any ...

A mortgage refinance can provide various advantages, like reducing monthly payments, shortening a loan term, switching to a fixed-rate mortgage, or accessing cash for home renovations or other ...

Homeowners consider refinancing for lower rates, lower monthly payments, debt consolidation, or better loan terms. Refinancing can save money, improve cash flow, and eliminate mortgage insurance costs ...

Terry has 25 years experience in journalism and communications, reporting on a range of topics that include personal finance, telecommunications, Congress, government regulations, and criminal justice ...

Your location, loan amount and chosen lender can impact your refinancing costs.

The U.S. mortgage market is experiencing a resurgence not seen in years, as a sharp drop in borrowing costs prompted a wave of refinancing activity ahead of the Federal Reserve's widely expected ...

Refinancing your student loans with a private lender can lower your costs and get you out of debt more quickly, but it comes with serious downsides if you have federal loans. With the best lenders, ...