How to Decide – Should I Refinance My Mortgage?

Your determination to refinance your mortgage should not only be based on careful consideration, but as well should avoid the urge to get the equity out for reinvestment in other properties, pay off outstanding debts, or to satisfy your appetites for consumer goods. As important as home refinancing is, you need to really reflect and ask yourself some important question. Because remortgaging is not about getting out of debt but in actual fact prolonging your debt.

Source:How to Decide – Should I Refinance My Mortgage?