Re-Financing to Consolidate Debt
Some homeowners opt to re-finance to consolidate their existing debts. With this type of option, the homeowner can consolidate higher interest debts such as credit card debts under a lower interest home loan. The interest rates associated with home loans are traditionally lower than the rates associated with credit ... or not monthly cash flow will increase. Using these calculators and consulting with industry experts will help the homeowner to make a well informed decision.