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Can any body give me some more, first hand advice before i make decision.i have found great resources here http://insightempire.com/debtconsolidationrefinancemortgage.htmbut before i make a decision would like to hear from others who have refinanced.thankyou!

Debt consolidation through a mortgage refi is a nice idea, for several reasons. first the interest is usually deductible (as long as the new mortgage is not higher than the original cost of the house), and the rate is always lower than unsecured debt. it also lowers the total monthly payment, as the amortization term on a refi is 30 years, while most unsecured is amortized over 4 years.make sure you use a reputable broker. avoid a mortgage that is adjustable. and if possible make extra payments against the principle, to lower your overall debt.