Mortgage refinancing may be an option to help you get out of debt. You have to approach this choice carefully, though, to make sure that it is the right solution to fit your current needs. Refinancing is simply the practice of replacing your current mortgage with a new one. Most people refinance their mortgage in order to get a lower rate on their interest and lower monthly payments. Cash-out refinancing is a mortgage that allows you to borrow more than you owe in order to have extra money to pay down credit card or other bills or to improve your … Continue reading →