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No-Brainer? No Way!

If you refinance based on a salesperson’s pitch that using your home equity to pay off personal obligations is a "no-brainer," you may regret not taking the time to think it through.

 

Refinancing makes a lot of sense for many.  However, before you “roll” your credit card obligations and jet ski loan into a larger home mortgage, my latest Huffington Post asks you to consider how vulnerable your house becomes when you swap personal debts for equity.

 

 http://www.huffingtonpost.com/lita-smithmines/refinancing-your-mortgage_b_980487.html

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