There may come a time in your homeownership journey when you wonder if it makes sense to refinance your mortgage. It’s a decision that can help you reach goals like lowering your interest rate or ...

Part of the process of deciding whether to refinance your mortgage is figuring out when you would break even. Without knowing that, you may be shocked to learn that it could be years before you start ...

Refinancing your mortgage could make sense for several reasons: lowering your interest rate, taking cash out or switching to a fixed-rate loan. For most borrowers, the ideal time to refinance is when ...

(NewsNation) — The recent decline in mortgage rates has more Americans looking to refinance, and the Federal Reserve’s expected rate cuts could make refinancing even more attractive heading into 2025.

Break-even analysis, or calculating the break-even point, is useful for business or personal finances. While the underlying premise of accounting and financial break-even points are the same, the ...

For decades, the conventional wisdom about mortgage refinancing has been clear: You should swap loans only when mortgage rates have dropped a full percentage point from the rate on your original loan.

Vice President of Growth & Engagement at CBS News and Stations Jennifer Earl is the Vice President of Growth & Engagement at CBS News and Stations. Jennifer has previously written for outlets ...