Oh, what a time to refi.
Harnessing the twin trends oflow interest ratesandhigh property values, homeowners continue totap their equitythrough cash-out refinances.
But there are plenty of Americanswho could still benefitby taking action now.
As rates increase, the refi market naturally tends to shift toward a higher volume of cash-out refis.
The overall trend toward an equity-centric refi market remains strong."
What are the benefits of refinancing right now?
Read more:How to refinance your home
And waiting too longcouldcost you.