Whenever If you Re-finance Your current Home loan?

Predicated on all of our research, most people within the Singapore re-finance their home funds extremely apparently; about once every two to four years. Although this trend is dependent on a decline from inside the appeal cost recently, financial refinancing is going to be an effective equipment when it comes to citizen.

Down rates of interest
Down monthly payments

Whenever deciding on re-finance your residence financing, lenders can occasionally ask about your current loan’s rate of interest, and attempt to quote your a reduced interest rate manageable so you’re able to win otherwise keep the providers. (more…)