The break-even point of a refinance occurs when savings equal costs. Here’s how to do the math. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but ...

If you own a home, you might be wondering if now is the time to refinance your mortgage to take advantage of dropping interest rates. But is it worth it? The average mortgage rate for most of this ...

Break-even analysis, or calculating the break-even point, is useful for business or personal finances. While the underlying premise of accounting and financial break-even points are the same, the ...

For decades, the conventional wisdom about mortgage refinancing has been clear: You should swap loans only when mortgage rates have dropped a full percentage point from the rate on your original loan.

Vice President of Growth & Engagement at CBS News and Stations Jennifer Earl is the Vice President of Growth & Engagement at CBS News and Stations. Jennifer has previously written for outlets ...

Refinancing is a valid option for gaining access to extra money you earned. Refinancing isn’t for everyone; you should carefully consider these questions if you are thinking about refinancing. 24/7 is ...