Reported about 13 hours ago
A reader in their upper 40s faces $145,000 in debt including high-interest credit cards and a home equity line of credit, while holding a mortgage of $254,000 at a 3.25% interest rate and substantial equity. With mounting expenses and a desire to eliminate debt, they consider whether refinancing their mortgage at a higher rate, taking out a HELOC, or downsizing their home would be the best solution to regain financial stability.
Source: YAHOO