Refinancing......what to do!

2010 will begin with many borrowers worried about rate increases and decreasing pay due to higher taxes and simple reductions in basic pay.
You will think about how to reduce the cost of loan repayments, and you will be encouraged to lump all your loans into one loan, probably over a longer term, so as to reduce the monthly repayments............ to save you money.............Yeh!

well more times than not............................NO,

you won't save money, you will just pay less for longer but the longer you pay, the more you pay in the long run, I know this sounds like a contradiction, but it is true.

If you want to know how to wise up and not be fooled by quick talking financial sales people, e-mail
info@mobilemortgages.ie or phone 086 8 33 33 33 we will help you to make the right decision!

Gerry Owens QFA