The rate on a 30-year fixed refinance decreased to 6.93% today, according to the Mortgage Research Center. The 15-year, fixed ...

The benefits of both have shifted in today's interest rate climate. Here's what potential borrowers should know now.

A mortgage refinance involves replacing your existing home loan with a new mortgage for the same property. The funds from your new mortgage pay off your existing loan, and you start making monthly ...

Have a home equity loan? Refinancing to a HELOC right now could reduce your interest rate. Here's what to know.

NerdWallet's mortgage content, including articles, reviews and recommendations, is produced by a team of writers and editors who specialize in home lending. Their work has appeared in The ...

A 15-year mortgage refinance is a new home loan that replaces your existing mortgage and is paid off in a 15-year span. Keep in mind that if you currently have a 20- or 30-year term and choose to ...

refinancing can get you a better rate and terms, help you pay off your loan faster or even enable you to convert your home equity into cash. You can also refinance to swap an adjustable-rate ...

(Read more about our methodology below.) Best home improvement loans Best for borrowing larger amounts: LightStream Personal Loans Best for borrowing smaller amounts: PenFed Personal Loans Best ...