Homeowners choose to refinance their home for a variety of reasons. If you are thinking about refinancing your home, but feel nervous about making a change, here are three reasons that you may want to push your fears aside and consider refinance:Lower Your Monthly Mortgage PaymentRefinancing your home can be one of the easiest ways to lower your mortgage payment and put more money in your pocket on a monthly basis. Nowadays, there are so many refinancing options available, it’s easy to find a loan that suits your needs. Fixed rates, interest-only loans, long-term loans, and cash-out refinances can all help lower your monthly payment, while providing the extra cash you need to finance home improvements, retirement funds, and other projects or goals.Consolidate DebtRefinancing your home can also help you take control of your debt. By refinancing at a lower rate, you can get cash to help pay off high-interest debt, such as credit cards. In some cases, you may be able to make one monthly payment instead of several, which could allow you to pay less every month. Refinancing your home to pay off these high interest debts can also help you improve your overall credit rating. And remember, in many cases, the interest paid on your refinance is tax deductible, where as the interest paid on credit cards is simply money out of your pocket.Keep Payments From RisingIf you currently have an adjustable-rate mortgage, you may be concerned about the rising interest rates. Refinancing your home and locking in at a lower interest rate can help alleviate that concern. By locking in at a fixed rate, you can keep your mortgage payments from rising in the future. Many experts believe that fixed-rate mortgages can be a smart move financially, because they provide homeowners with a low long-term interest rate for the entire life of the loan. Here is a list of recommended Home Mortgage Refinance Lenders online. It’s important to use a reputable lender online to make sure your personal information is secure.