The upsides and downsides of home loan debt consolidation

A lot of small debts can balloon into one big headache. A simple way to get things under control could be to refinance your home loan to consolidate debt. So – is it right for you? What is debt consolidation? Simply put, debt consolidation is combining all your debts – credit cards, car loans etc. […]

What are the benefits of refinancing?

10 Reasons to Refinance Save money on interest cost This is the most common reason for refinancing. A 1% drop in interest rate on a $500,000 loan equates to a significant $5,000 savings in one year.  Is one phone call really all it takes to secure a lower interest rate? Click here to find out. […]

What is Refinancing?

Refinancing can be done with your existing lender (called internal refinancing)  You can refinance through your current lender — provided you qualify — because banks generally want to keep their customers. If you’re looking to lower your monthly mortgage payment, refinancing with your current lender could save you the hassle of switching financial institutions, filling […]