What Not to Do when Refinancing your Loan

(International Business Times AU)- However, you need to understand that refinancing isn't simply a "tweak" to your existing loan. It involves a completely new home loan application and will result in a new entry on your credit report, even if you refinance with the same bank or financial institution.  

So, before you fill out the paperwork and begin the process of moving your mortgage, be sure to ask the following questions so you don't make any costly mistakes. Read more here…