In England, some credit cards are now charging 46% interest.  Wow.

I will have to research to be certain, or maybe a reader knows and wants to post a comment, but I think in the US there are limits on the amount of interest that credit card companies can charge.  But it is somewhere in the 30+% range.  Which is ugly enough.

So, again I say, with even tougher times ahead for the economy, if you have significant credit card debt, and have some equity in your home, then it will make great sense to consolidate all that into a new home loan, with fixed rate home loans so low.  Both conventional and FHA rates are still bouncing around historic lows, so now is the time.  You will be happy you refinanced, if you jump on it now.