long term debt vs equity financing

What should I do ????? Credit question?

I am financially stable and well employed individuals credible one. I Bought a house seven years ago has more than doubled in value due to the market and I am sure, location location location. I approximately $ 10K debt (Credit cards, car). To further increase the value of my house, I renew my kitchen and bathrooms to approximately $ 16,000. Here is my great Question: I applied and was approved for a mortgage to finance the renovation of $ 30k and pay me and credit card debt. I'm becoming the wrong track? Am I in trouble? I really hate debt. My loan mortgage [was] a bit and now I'm adding another $ 30k. I opted for home loan against the credit line that had a fixed interest rate, which was important to me. I pay the mortgage before the term is to above. Performance improvements that certainly more than double my investment in modernization. Is this what to do?

If healing Credit card high debt rate and a low rate loan to fixed capital car at home, then it is a good idea. But only if you still have a good amount of capital to clean your house after the additional debt (not only in terms of market value has increased even more.) Just be careful not too borrow against the equity in your home because the housing market seems to be cooling. I hope that your mortgage is a fixed rate as well. Finally, since you say you do not like debt, I hope to cut the credit cards after paying their mortgage and do not benefit no other debt.