A half-point dip may not be enough to offset closing costs. Here's the magic number that makes refinancing pay off.

There may come a time in your homeownership journey when you wonder if it makes sense to refinance your mortgage. It’s a decision that can help you reach goals like lowering your interest rate or ...

Your refinance break-even point is the time it takes for the savings from refinancing to cover the costs involved. Refinancing can extend the time it takes to become mortgage-free and increase your ...