Oct 10
When You Have To Refinance Your Mortgage by John DashwoodThe most common reason usually for refinancing is to use the equity to consolidate those high interest cards and other debts. Home mortgages will have lower interest rates than credit cards and unsecured credit, so it should lower your overall monthly budget. But it could raise your monthly mortgage payment.A refinance where you remove equity means a higher monthly payment in many cases. Most people think they can handle it and th
