Refinancing…Is It Right For You? With interest rates hovering at all-time lows, it has created a stampede of people who have resorted to refinancing their homes. This has become a very attractive alternative to many who are financially overextended. People are using their homes as cash cows, withdrawing the equity they have built up over the years to pay off their credit card debt. In fact, for some, this may be the choice of...... Source : Home Equity Loans Calculator