For many homeowners, refinancing your home loan is certainly something to consider this year. The SIBOR is expected by analysts to increase to 1.8% by the end of the year or early next year, in tandem with the rise of US interest rates. The present three-month SIBOR stands at 1.07 percent, more than twice the level of approximately 0.4% over the past few years. However, despite the general consensus that SIBOR will go on an uptrend, just how quickly and how much the increase will be is just about anyone’s guess. Whether or not you want to refinance your home loan, here are a few things aside from the interest rates that you should also consider.... Continue Reading