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  • How much equity is needed for refinancing one’s home loans?

    Asked by unknown
    1 Answers
    Home loan refinancing costs vary with every individuals preferences and choices. Some common refinancing costs involved are the discharge fee, application fee: $0 to $1000, valuation fees, land registration fees, lenders mortgage insurance, ongoing fees: $0 to $750 per annum, and break fees. The entire cost of refinancing will mainly depend on the
  • Are debt consolidation programs good?

    Asked by unknown
    1 Answers
    If you're hopelessly drowning in debt, know that you can't negotiate any lower interest rates with your credit card companies or creditors, or if the math works out, a debt consolidation loan may be a good decision for you.  If it may be a good time to strike, pay it all off, and walk away debt-less.
  • What are the benefits of refinancing?

    Asked by unknown
    1 Answers
    There are several benefits associated with refinancing your home loan, these benefits include, your monthly payment gets lowered, you can save money on interest costs, shorten the loan term, consolidate debts, removal of private mortgage insurance, the length of your loan is reduced, switching to fixed rate loan from adjustable rate mortgage, conso