A cash-out refinance is a way to access cash by replacing your current mortgage with a new, larger loan. But if mortgage rates have risen since you bought your home, the costs may not be worth it.

A home equity line of credit and a cash-out refinance are both ways to access value that has accumulated in your home. Here's what to consider when deciding which is best for you. Some or all of ...

Key takeaways Refinancing your mortgage makes sense if you can reduce the interest rate by one-half to three-quarters of a ...