Personal finance columnist Michelle Singletary hosted an online discussion with James Lardner, Jose Garcia and Cynthia Zeldin, authors of "Up to Our Eyeballs: How Shady Lenders and Failed Economic Policies Are Drowning Americans in Debt" (New Press and Demos), on Thursday, May 22 at Noon ET. A lower interest rate gives you less interest to deduct on your income tax, which may increase your tax payments and decrease your total savings from refinancing.
