Part of determining if a mortgage refinance is practical is weighing the balance between its benefits and costs.

As mortgage rates dip from recent highs at last, a mortgage refinance can get you a lower monthly mortgage payment, a shorter loan term or cash back. All of these alternatives can save you money.

A cash-out refinance is one way to tap into the equity you’ve built up in your home. Money reviews the best cash-out lenders ...

Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.7%. On a 20-year mortgage refinance, the ...

Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.62%. For 20-year mortgage refinances, ...