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What is Refinancing?
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 repayment. Should I Refinance? We have a few pointers for your consideration. Read more at: http://www.mortgagesupermart.com.sg/resources/articles/153-refinancing-101 |