Why would anyone pursue fresh financing after finally paying off a mortgage ... buying big-ticket consumer items as good reasons to swap equity for cash, the survey found. However, since your ...

Due to a variety of reasons, your home equity may be "trapped." But there are still viable options to consider.

There is no universal, smart way to pay off a HELOC that will apply to every borrower. Instead, HELOC users should consider these three ways to determine which is applicable to them: ...

A rate and term refinance is used to pay off the current loan, including late fees or prepayment penalties that the borrower ...