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What are cash-out refinance tax implications?

You won’t owe taxes on the cash you receive from a cash-out refinance. If you use the cash to fund capital improvements on your home, the interest may be tax-deductible. Any mortgage interest you ...
Hosted on MSN

Cash-out refinance: What it is and how it works

A cash-out refinance replaces your current mortgage with a new, bigger one that converts some of your home’s equity to cash. The terms of your refinanced mortgage might significantly differ from your ...
Virginia Business

Homeowners turn to cash-out refinancing to take advantage of big gains in home equity

Cash-out refinancing hits near 3-year high in Q2 Total tappable U.S. home equity reaches $11.6 trillion Some markets see equity drop as prices cool in Sunbelt, West Homeowners are cashing in on years ...
Boston Herald

Homeowners turn to cash-out refinancing to take advantage of big gains in home equity

Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter ...
Click2Houston

Homeowners turn to cash-out refinancing to take advantage of big gains in home equity

Read full article: Texas Education Agency launches new hotline to help students experiencing homelessness Sky 2 above reported drowning in White Oak Bayou, HPD investigating. Homeowners are cashing in ...