Refinancing

[Kite]

Do most people refinance after 3 years?

Are there cases where by refinancing is not worth it? What are those?

What are the fees usually involved in refinancing also?

[DC33_2008]

Refinancing was good 3-4 years ago but not now with so CMs stipulated by MAS.
Do most people refinance after 3 years?

Are there cases where by refinancing is not worth it? What are those?

What are the fees usually involved in refinancing also?

[yowetan]

I am thinking of re-financing my housing loan with other bank. It is still manageable if either partner is still 30 years old, and below.

[Kite]

how does the CM affect refinancing in current times?

also, hat are the fees usually involved for refinancing? eg. legal fees etc?

[DC33_2008]

CM on tenure and age. :)
how does the CM affect refinancing in current times?

also, hat are the fees usually involved for refinancing? eg. legal fees etc?

[newbie11]

max tenure starts from the day you take the loan.
not many banks offer legal sub now (typically 2.8K for mid range prop)
refinancing is an option only if u can find better spreads than your current loan or u want to cash out