Daily Cuts

What to ask when refinancing your loans as interest rates drop


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Banks in Singapore are reporting an increasing number of customers seeking to refinance their mortgages after fixed rates fell below 3 per cent from the second quarter. As more people begin to review their loans, Andrea Heng and Hairianto Diman ask Henry Koo, Mortgage Specialist, MoneySmart Singapore, what to look out for and how to compare between different products on offer. 

 

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