Explore various mortgage payoff strategies to achieve financial freedom faster. ... while cash-out refinancing allows homeowners to access their home equity in the form of cash.

Online lender Rocket Mortgage has added bridge loans, short-term financing for the gap between buying a new house and selling ...

When mortgage rates dipped below 3 percent in 2016, we refinanced from a 30-year fixed rate loan to a 15-year fixed term, accelerating our payoff plan. Take advantage of the little-known ...

When you pay off your mortgage early, you automatically save money on interest. However, you may be able to earn more from your money by putting it to work somewhere else - like the stock market .

Tax Form 1098 tells the IRS how much mortgage interest you paid last year. You may be able to deduct this amount on your Schedule A. Not all mortgage interest is tax deductible. If you have a ...

The 2% rule for a mortgage payoff involves refinancing your mortgage. Refinancing is when you take out a new loan to pay off your existing loan—ideally at a lower interest rate.

When funds are withdrawn from a 401(k) to pay off a mortgage balance, the opportunity to earn money on the investments is lost until new funds replenish the 401(k), if it's replenished at all.