Yes, you can save money by refinancing. However it is actually a waste of your money if you refinance too often, therefore it is always wise to have your personal mortgage consultant or broker to advise you, to prevent you against that...
More Quotes from Zeng Jun:
As long as you have a debt from the bank, you are working for them, not for yourself.Zeng Jun
The money you pay to the bank as interest has zero percent chance of it returning back to you. Save on that and reinvest that on any other things. Now that is lean financial management.
Zeng Jun
Analyze your property investment properly before you invest. Remember that it is not just about the valuation that determines the price. The credit facility that you use to finance your investment plays a large part as well...
Zeng Jun
Remember, interest paid to banks only comes back to you in the form of a billing receipt. Nothing else...
Zeng Jun
By extending loans to the SME industry, it will create a beneficial cycle in the economy and eventually the one who gives out the loan will benefit.
Zeng Jun
Think positively Pull your finance together as soon as possible during the economic slowdown. Don't wait for things to happen to you. Shave off some extra expenses, refinance that home loan, restructure some of your debts...
Zeng Jun
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