The two major mistakes to avoid when refinancing your home

Nigeria News News

The two major mistakes to avoid when refinancing your home
Nigeria Latest News,Nigeria Headlines
  • 📰 smh
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 80%

Opinion: The two major mistakes to avoid when refinancing your home | Nicole Pedersen-McKinnon

As Tuesday heralded our seventh rate rise in a row, mortgage refinancing has almost become a full-on frenzy.

Don’t forget your original loan was for just $20,000. So you have nearly doubled the price of your car. We will assume you have a loan that was originally $500,000, but today you have 15 years and $300,000 left. In this example, you refinance and cut your interest rate by two percentage points, again at current average interest rates.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

smh /  🏆 6. in AU

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Everything you need to know about the midterm electionsOn Tuesday, millions of Americans will turn out to cast a ballot in the midterm elections. But what are the midterms, and what do you need to know about them? 9News
Read more »

Everything you need to know about the midterm electionsOn Tuesday, millions of Americans will turn out to cast a ballot in the midterm elections. But what are the midterms, and what do you need to know about them? 9News
Read more »

FIFA's desperate World Cup plea to avoid politicsFIFA's top officials have urged the World Cup teams to focus on the game in Qatar and avoid 'handing out moral lessons.'
Read more »

Forbes residents prepare for ‘devastation’ ahead of major flood eventForbes residents prepare for ‘devastation’ ahead of major flood eventMore than 1000 residents in the regional NSW town of Forbes have been evacuated to higher ground as the state’s Central West prepares for its worst flooding event in 70 years | sarah_keoghan nampix jameslemon
Read more »

Major sports play straight bat to anti-gambling sentimentMajor sports play straight bat to anti-gambling sentimentLeading Australian sports organisations have reacted defensively to a poll that shows 62 per cent of people want the multi-million dollar relationship between gambling companies and major codes banned. malcolmconn and ameliamcguiree
Read more »



Render Time: 2025-08-27 21:04:47