An FHA cash-out refinance lets homeowners trade out their current mortgage for a new one and get cash back at closing, but only if they have enough home equity and meet the loan requirements set by ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Refinancing your ...

Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.15%. On a 20-year mortgage refinance, the average rate is 6%.  Related: Compare Current Refinance Rates 30-Year Refinanc ...

If you took out a government-backed mortgage over the last two years, you’re probably watching interest rates fall and wondering when to refinance. But before you take the refi plunge, you need to ...

FHA loan requirements: FHA loans explained Federal Housing Administration (FHA) loans are a popular choice for first-time homebuyers and other borrowers who, for a variety of reasons, may have a hard ...

Are you looking to refinance your FHA loan? Switching to a conventional loan could be ideal if you qualify for more competitive terms or if you want to get rid of mortgage insurance. But is it the ...

Buying a home can be a long, stressful, and expensive undertaking, but home buyers may be able to expedite this process while minimizing stress and keeping out-of-pocket costs manageable by choosing ...

FHA home loans are known for having relatively low credit score and down payment requirements, but many people don't realize there is more than one type of these loans. While the most common — the FHA ...

An FHA cash-out refinance lets you borrow against the equity in your home without having to take out a second mortgage. An FHA cash-out refinance involves swapping out your current home loan with a ...

Federal Housing Administration (FHA) loans are a popular choice for first-time homebuyers and other borrowers who, for a variety of reasons, may have a hard time qualifying for a conventional home ...