1. Does a New Home Make Sense?
 Many homeowners would like to refinance, but
can’t because they have little equity due to falling
home values.

2. Cash Out to Consolidate Debt
 When house prices were rising by 10% or more a
year, there were millions of borrowers who got cash
out refinances. They refinanced for more than they
owed, got cash, and then spent or invested it.

3. Address Family Matters
 Divorces often leads to a refinance as a means
of removing the absent former spouse from the
note.

4. When is Refinancing a Bad Idea?
 You should avoid refinancing your mortgage if you’ll
see waste money and an increase of risk. Sometimes
having a lower interest rate and monthly payment
can cost more in the long run. Use a
mortgage refinance calculator to see if you should
refinance your house.