Mortgage refinance: main points you should know about

What are some of the key points you need to think about when refinancing your mortgage to another lender? In this monthly discussion, finance expert Bishwas Bhattarai explains what refinancing mortgage involves.

Source: Getty Images

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Topics discussed:

• What is mortgage refinance?
• Its advantages and disadvantages?
• Things to remember when switching banks?

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Note: We’d like to point out that the information contained in this segment is general and is not specific advice. If you would like accurate information relevant to your situation, you should ask your tax agent, accountant, or financial planner.