The altblog.

Your refinance savings come from two sources - only one is the rate. The other is resetting to 30 years, which costs you $34K in extra interest and $22K in lost equity.

Refinancing doesn't have to mean starting over. See which refi options keep your payoff timeline, which ones reset it, and 3 strategies to avoid extending your mortgage.

Cash-out refi proceeds are a loan, not income — the IRS doesn't tax them. See what is deductible and when capital gains apply.

Are you considering refinancing to save $200 a month? Explore the pros and cons, and learn how to determine if the savings are worth it based on your breakeven

Discover the reasons why people refinance loans, from lowering interest rates to cashing out equity. Learn the pros, cons, and when refinancing makes sense.