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.

The rate on a 30-year fixed refinance decreased to 6.4% today, according to the Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.36%. On a 20-year mortgage refinance, ...

Refinancing your mortgage can free up cash by lowering your monthly payments or save you money in the long run with a lower interest rate. However, finding an advantageous refinancing option can be ...

You can refinance a home equity and, with rates currently in decline, now might be a good time to do it. Refinancing a home ...

It can make sense to refinance your home equity loan as interest rates decline, but only in certain circumstances.

If you’re evaluating your long-term financial health, it might be worth considering the reasons to refinance your home. Homeowners, having a lower interest rate and a more affordable monthly payment ...

Considering the current mortgage rate of around 6.41% in September 2025, and knowing that rates were half as much 10-15 years ago, it’s becoming increasingly hard to convince anyone that buying a ...

What is refinancing? When should homeowners consider it? Refinancing could save homeowners thousands of dollars during the course of their home loan. It can improve the interest rate, the terms of the ...

There’s been an uptick in homeowners opting to invest in big renovations in the coming year. However, with tariffs and inflation, the costs of renovations are going up, and some homeowners want to tap ...

Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are ...

Hands exchanging keys with a model home attached - Kmpzzz/Shutterstock The average American mortgage is 30 years long, but most homeowners move or refinance long before that term is done. In some ...

Refinancing your mortgage may not be the best decision for you, so consider the reasons not to refinance your home. A homeowner with financial woes could find themselves considering refinancing their ...