WHAT interest rate are you paying on your housing loan? If you are paying 3.5 per cent or more, you might be overpaying. With the US Federal Reserve cutting interest rates, the Singapore Inter-bank Offered Rate, or Sibor, has been on a downward trend. Sibor is the rate at which banks lend to one another. [...]
Articles tagged with: occasions
Written By: refinancing on March 8, 2010
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While most people do not want to refinance their home, there are occasions where it makes sense, but all other avenues should be explored first. There are situations where it makes sense and is the best go forward but that does not mean that you shouldn’t try for the best deal available. Typically home [...]
Written By: refinancing on February 25, 2010
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Refinancing your mortage has a variety of useful added advantages if applied as it should. On the other hand in the event that you made only a lapse of judgement when mortgage refinancing, you might possibly be in for a pricy mistake and also might place your entire home at risk. Connected with this are [...]
Written By: refinancing on February 8, 2010
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Mortgage refinancing has several fantastic benefits if used properly. But if you made just a lapse of judgement, you might be in for a costly mistake and may place your entire house at risk. Here are 5 costly mortgage refinancing mistakes you must avoid.
Mistake #1: Not locking in your rate
Rates are very erratic. It can [...]
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