If you are dealing with many creditors, the consolidation center can help you get one creditor to deal with, and make your life hassle free.

It is always advisable to do your research on loan terms and interest rates of the new loan.
There is also a mortgage calculator that you can do your research on the Web.
Many online resources can help you determine you need to do a bad credit mortgage refinance loan.

The market determines the mortgage rate and the amount charged varies from one lender to another.

If you use the money you earn from a refinancing, mortgage rate does not really make much difference.