{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Mortgage Matters","title":"Low Mortgage Rate, High Credit Card Debt: Could a HELOC Help?","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/42d1a9bf\"></iframe>","width":"100%","height":180,"duration":1633,"description":"A low mortgage rate doesn’t always mean a comfortable monthly budget. When credit cards, car payments, and everyday expenses start eating up more of your paycheck, can you get breathing room without refinancing your mortgage? \nHeidi and Roland discuss a homeowner who consolidated approximately $52,000 in debt through a home equity line of credit (HELOC), reducing combined monthly payments by $632 while keeping their existing first mortgage. They explain how HELOCs, home equity loans, and cash-out refinancing differ, and why leaving your mortgage alone can make the most sense. \nThe conversation looks beyond the monthly payment to the household budget, changing HELOC payments, and the plan for paying the debt back. Because paying off the credit cards with another loan doesn’t make that debt disappear. ","thumbnail_url":"https://img.transistorcdn.com/YhZKwHiZpjQHEQIJZ9KQo4dH5cQxbsFZRjwFfLaqT3w/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS80NjE5/ZWYxZDJjNjViZGNm/YTdmN2NjZjFiNGFi/NjFkOC5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}