Thoughts and/or opinions?

[Eric Grant]

Hey all! I stumbled across this forum and hoping I can get some insight from some of you that know a while lot more about the buying/financing side of real estate. My wife and I will be buying a home this coming Spring. I have a question regarding a credit card balance. Currently, my balance is at roughly $7,500 with a credit limit of $8,500. My credit scores are between 680-700. I have been researching about the benefits of taking out a personal loan to pay off this balance. I could get a 36 month loan and have it paid off then. My wife and I both have pretty good spending habits, we just aren't able to get anywhere on the card because of the ridiculous interest rate. I could get a loan that is 5% less than my card. Couple questions... 

1) how much more benifical would this be for my credit score/mortgage process?

2) seems kind of like a no brainer. Is there anything I should be worried about?

Thanks much!