Too many have been misled to the nature of Refinancing - 6 Myths on Mortgage Refinancing Now Debunked »
Posted By altnrg 10 months ago in NewsThese common misconceptions are in need of some serious corrections.
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hans21879 months, 4 weeks ago
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I understand your point in the first Myth: Refinancing can substantially cover your credit card debt.
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You're point is to not get in trouble in the first place and I agree. But once your in trouble and you have the opportunity to get rid of credit cards at 18% or 19% for a much lower mortgage interest rate through refinancing go for it.
http://themortgagerefinancingsite.com/refinance-qu... -

hans21879 months, 4 weeks ago
This comment is below the standard viewing threshold View It »
I understand your point in the first Myth: Refinancing can substantially cover your credit card debt.
Reply
You're point is to not get in trouble in the first place and I agree. But once your in trouble and you have the opportunity to get rid of credit cards at 18% or 19% for a much lower mortgage interest rate through refinancing go for it.
http://themortgagerefinancingsite.com/refinance-qu... -
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