#CNA Money Talks Explains: What to know before refinancing your mortgage loan

https://www.youtube.com/watch?v=YPayAojcVIs

Money Talks Explains: What to know before refinancing your mortgage loan
Are you planning to refinance your mortgage loan but not sure if it’s the right time? In this episode of Money Talks Explains, Clive Chng, head of relations at Redbrick Mortgage Advisory, gives a breakdown of what homeowners should consider – from loan tenure to interest rates – before making the move.

00:00 Intro 00:57 What refinancing a mortgage means 01:25 Why HDB owners refinance loans 02:18 Penalties for paying off early 05:56 Why refinancing is so common 08:02 When not to refinance your loan 09:13 Common myths about refinancing

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