Thursday, July 05, 2007

Pay less for your home loan

If you have an existing home loan, or is thinking of taking a new loan, I advise you to read the 14 tips given in Dr Money's website.

Two important tips are:

* selecting the right type of loan, eg variable or fixed, HDB or bank loan

* look into the possibility of refinancing your existing loan, after the lock-in period, to get better terms (e.g. to enjoy attractive offer)

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