Compare two options for accessing the cash in your home — cash-out refinancing or home equity loans — to pay for renovations, consolidate debt or support education expenses. Includes pros, cons and ...

Typically, homeowners seek home equity loans or lines of credit (HELOC) to access their equity, but a cash-out refinance can accomplish a similar result. A HELOC is a line of credit guaranteed by ...

A cash-out refinance is a way to access cash by replacing your current mortgage with a new, larger loan. But if mortgage rates have risen since you bought your home, the costs may not be worth it.

So, it may seem cheaper to borrow $100,000 with a new mortgage loan. However, since cash-out refinancing requires the obtaining of a new loan to pay off the existing mortgage balance (the owner ...

However, if an investor sidelined that cash over the same stretch, it would only be worth $349,999. And when factoring for inflation’s erosive effect on the dollar, investors who liquidated their ...