In some cases, however, it may still be advantageous to refinance your home, even if you think you are going to sell in the short term.

A mortgage refinancing for bad credit loans can help you keep your home despite missed payments. While the "bad credit" is not a crime, it can definitely make your life miserable.

The economy offers a great chance, because if you bought your house 5 years ago or more, you may have an interest rate, which is higher than the market price at the moment.

Financial institutions offer these loans by providing an introductory interest rate.

Discover why people are refinancing and why you might be better to make one too.

Bad credit means that you may not be eligible for better rates than these lending institutions offer, but you'll probably get something that will help you out of your current situation.