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Cash-out refinance: What it is and how it works
A cash-out refinance replaces your current mortgage with a new, bigger one that converts some of your home’s equity to cash. The terms of your refinanced mortgage might significantly differ from your ...
Home equity hit a record high in the second quarter of 2025, according to data from ICE Mortgage Technology, with roughly 48 million borrowers sitting on $11.6 trillion in tappable equity. Because ...
After years of building equity in your home, you might find yourself needing access to funds. Indeed, the average U.S. homeowner now has about $207,000 in "tappable" equity – that is, funds they could ...
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