Who is refinancing their home?
Home refinance has become very popular. Encouraged by rising home values and low interest rates, millions of Americans have been refinancing their homes to pay off credit card bills. According to a recent study by the Federal Reserve, one out of four homeowners who refinanced their mortgages took out larger loans on their homes in order to pay off credit cards and other debts. What is a home refinancing loan? A home refinance loan is a secured loan intended to replace an existing loan secured by a home mortgage. This is the most common form of consumer refinancing. Where do I find a home refinance quote? LoanShopUSA.com is the leading online marketplace for home refinancing. With more than 1000 participating lenders in our network, we can help you locate one who can help meet your needs. Click here to get your Home Refinance Quote. This is a free service. When should I refinance my home? The time to consider refinancing your home is when you need to consolidate your debts. For many, it
