Pay off your Credit Cards
You can refinance your mortgage at today's competitive rates and use cash to pay off higher interest debt such as a credit card (which carry rates as high as 26%!). This could also increase your monthly cash flow, by eliminating interest-heavy credit card payments.
One advantage is that by paying down the balance on your credit cards, you may enjoy an increase in your credit score. (Credit Scores are impacted by how high your balances are on credit cards and loans).
Click Here to view a full suite of calculators designed to help you calculate the best options for you and your family.