Smart refinancing can save you thousands. With interest rates at their low levels, the lure of cheap money has propelled scores of families into action. Cash-out, bill consolidation, and home improvements, all with lower monthly payments, have convinced people to take advantage of the equity that’s lain dormant in their homes. Be aware of the housing and financial markets in your area. Use the information at your fingertips to become familiar with the refinancing process. Read the articles of this section carefully. And, by all means, seek help from trained professionals.