Money fixes you must not postpone: Refinance your home loan

In the previous articles of the series, we talked about the importance of setting your asset allocation back on track, the need to prune the mid and small cap allocations in your portfolio and the benefit of switching to direct plans. Now comes the fourth step that investors can look at in the current low interest rate scenario. Refinance your home loan Interest rates on home loans have plummeted over the last year and a half. There is a strong case for borrowers to refinance their existing home loans and lower their interest rates. The interest rate that you may be paying on your floating-rate home loan depends on the tim