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Why refinancing your home equity loan could make sense now

A home equity loan offers multiple advantages in today's economy. Thanks to elevated home prices, the average homeowner now has over $300,000 worth of equity to potentially borrow from. And despite ... read more

Why refinancing your home equity loan into a HELOC makes sense now

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. read more

Mortgage Rates Remain High. So Why Are Homeowners Refinancing?

Terry has 25 years experience in journalism and communications, reporting on a range of topics that include personal finance, telecommunications, Congress, government regulations, and criminal justice ... read more

Why refinancing your home equity loan could make sense now

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. read more

Why refinancing your home equity loan into a HELOC makes sense now

A home equity loan can be a powerful borrowing tool in a variety of economic climates, but in the economy of recent years, when interest rates surged and home values rose alongside them, it became one ... read more