Homeowners can tap equity soon after buying if they have 15% to 20% equity. The best rates go to those with more equity, ...

Rates on 30-year mortgages ticked up to 6.72% from 6.67% last week, while 15-year mortgage rates rose to 5.86% from 5.80%, mortgage buyer Freddie Mac said.

Kitchen, bath and living room remodels top the list as homeowners shift toward privacy and away from open floor plans post-pandemic.