Mortage Refinancing

Buying property is probably everyone’s dream but before plunging yourself into the real estate market, you should consider this useful guide: Budget – This is the most important factor to consider before buying any kind of property. Take the time to consider how you will afford to pay monthly bearing in mind the fact that most banks generally require 35% of your monthly income. If for example,...

Mortgage refinancing is referred to as the replacement of the existing mortgage plan with another alternative which does offer different favorable terms. The refinancing can be with the existing bank or prospective homeowners that can have an option to settle with a new lender. Currently, there are many financial institutions offering mortgage refinancing and this practice can be seen as a relatively new...