Cash-Out Refinancings: What to Know

Cash-Out Refinancings: What to Know

By The Wall Street Journal

Americans cashed out their home equity to the tune of roughly $50 billion in the first quarter, the highest level since 2007. Personal-finance reporter Deborah Acosta joins host J.R. Whalen to discuss important questions to ask yourself before doing a "cash-out refi," and the potential risks that come with it. Learn more about your ad choices. Visit megaphone.fm/adchoices
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