Refinancing a mortgage for a renovation can be tempting, but it can also bring with it additional costs. Photo: Shutterstock
Why refinancing for a home loan top-up isn't always your best option
Any property investor who has refinanced their home loan will agree that it’s a painful process. So painful that it only makes sense to do it if the numbers really stack in your favour.
If you refinance your home loan to get a better deal, you’ll most likely be comparing interest rates to save mo…