[Rebelbase]

Its gonna take another couple of years for people to run their credit cards up sufficiently to motivate people to re-fi again.

The problem is home value appreciation is stalling (my area) so there won't be as much equity (if any) to tap into.

Tick...Tick...Tick.....

[LS]

It ain't stalling in my region. I suggest all you people with flat home values come to southern OH. Every year, the prices of homes are going up.

[FreedomPoster]

I see this alleged all the time on these threads. Does anyone have any *real* data on this? Are anything like a majority pulling major equity out in a re-fi?

I re-fi'd about a year ago, and not a penny went towards credit card debt. Credit cards get paid in full every month. I did go from a 30-year note (20 remaining) to a 15-year note, though.