Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

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.

Both can tap your home's equity, but one could cost you a lot more than the other when the new year rolls around.

You can use home equity to pay off high-interest debt or improve your home, but it’s important to understand the risks.

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter ...

Whether you’re looking to lower your monthly mortgage payment, lock in a better interest rate, or tap into your home’s value for cash, there’s one number that matters most: your home equity. Home ...

Cash-out refinancing hits near 3-year high in Q2 Total tappable U.S. home equity reaches $11.6 trillion Some markets see equity drop as prices cool in Sunbelt, West Homeowners are cashing in on years ...