Helping you understand how mortgage refinancing works While there are a number of reasons you might be looking into mortgage refinancing, from lowering your payment to using equity to make repairs to your home, you likely have questions about whether it’s right for you and how the process can affect you financially. Knowing whether you should move forward with refinancing depends on many factors, including: Your current interest rate Whether you plan on moving in the next year or two…

Find out if a debt consolidation loan is right for you Debt. Sometimes it’s used to get what we want—a new car, a house. And sometimes it’s used to pay for what we have to—medical bills, home or auto repairs. No matter how it’s used, debt has become part of the fabric of our financial lives. Today, the average American owes about $29,800 in personal debt, not including a home mortgage. And outstanding credit card debt has climbed almost 20%…