Sorymar Castillo - Real Estate Agent

More Homeowners Turn to Cash-Out Refinancing Homeowners tapped record equity in Q2 cash-out refinances, averaging $94K each. Monthly payments rose $590 as refinances made up 60% of loans. NEW YORK — Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activi...