While evaluating the Risk & Opportunity analysis of refinance, one must understand that whether the decision of refinance is suitable for them? Your one wrong step will lead you to the road of foreclosure. Refinancing mortgage is a tool to use equity as a source of cash management. But it is also a tool to put down hard terms and conditions of lender but negotiation with other lender. Again all depend on your approach, "How to manage funds".

Regards,

Intuitive Mind

Hello Intutivemind,
I totally agreed with your post. but finally what should be the Refinancing consider either as curse or Blessing as per your thoughts ?
Thanks.