Refinancing and Remortgaging 101 – Mortgages, Loans, Financing

What is Refinancing and Remortgaging? Refinancing is the replacement of an existing old debt obligation plan with a new debt plan provided by a new lender. A common reason why people refinance is to take advantage of a better financing plan and hence lower your interest cost and monthly repayments. Remortgaging is related to the refinancing…

Source: www.mortgagesupermart.com.sg

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