20 quotes about refinancing follow in order of popularity. Be sure to bookmark and share your favorites!

That's kind of a double-whammy kick in the head -- many people have the best of intentions when refinancing, but they haven't gotten grips on their spending. And when you're trading in your credit card debt for loans like that, you're putting your home at risk.

Jim Tehan

A lot of people who over-improved did a cash-out refinancing when rates were at a low, expecting housing prices to continue going up and up. But in some places, like the Midwest, prices have already stopped climbing.

Sal Alfano

We estimate cash-out refinancing for 2001 is going to raise cash from home equity of about $80 billion. About 60 percent [about $50 billion] of that will be spent.

Orawin Velz

Potential completion of refinancing and progress on divestitures could reduce uncertainty.

Michael Bruynesteyn

High-yield issuance is down. There was not as much refinancing to do this year, but the M&A and private equity-driven issuance dominated the calendar.

John Purcell

It was never intended to be a refinancing bonanza. It was never intended to be a windfall for graduates who have already benefited from the taxpayer subsidies of the Stafford program.

Tom Joyce

What we like to do is educate. A lot of people don't know about refinancing. So many people who have had their houses since the 1970s, '80s or early '90s don't know that they have $200,000 or $300,000 in equity. No one is going to take the time out to say, 'Oh, why don't you get a free market analysis to see what your home is worth?' I will because I think they should know.

Katrina Mitchell

In areas where values are rising by 15 to 20 percent in a year, they don't care about the principal as much. After a few years, they are refinancing anyway.

Mark Hicks

Decreasing the refinancing rate would make credit more affordable. But analysts' forecasts, which take into account inflation and other macroeconomic variables, suggest that rate is unlikely to decrease in 2006.

Alla Trubnikova

Essentially, the whole thing is literally a refinancing mechanism. It's just pure plain and simple, the company needs to be recapitalized.

John Titler

You need to factor in the (interest-rate) differential, as well as the costs of refinancing.

Gary Akright

Everyone in the pool business is very busy, ... People are refinancing and adding pools to existing homes, and the majority of new homes have pools installed on new construction.

Terry Turner

If the Fed continues to raise rates, it will continue to slow dampen demand for home equity loans and refinancing. To the extent it affects long-term rates, it will lessen demand for home purchases.

Nick Retsinas

We doubt that economic activity in the euro zone will afford the ECB scope to raise the refinancing rate beyond 2.50 percent.

Paul Chertkow

If consumers knew what they were getting into earlier in the home buying or refinancing process, they could avoid things that later trigger enforcement activity.

Brian Sullivan

There's a very widespread fear that if property prices go down and the refinancing boom goes away, that consumers are going to have to cut back on spending. And that will be felt throughout the economy.

Dan Mcneela

In the past several years consumers ... have been very diligent in managing some of their debt in terms of refinancing to lower rates, but we'll have to ... keep our eye on this situation as the conditions change.

Sandra Pianalto

This oil-induced crisis from Katrina is going to be good for housing, ... Mortgage rates are headed lower, and that's going to support the housing market. It will help with refinancing activity and construction.

John Herrmann

Refinancing is necessary because the current financing is short term with a very large balloon payment that no community would be in a position to meet.

Eric Johnson

In order to pave the way for another refinancing rate hike in March, the ECB would need to signal that another move was on its way in one of the next two press conferences. We, therefore, shall be all ears Thursday.

Elga Bartsch