In this current low interest climate, it's no surprise that many of us have been thinking about refinancing our mortgage loan. After all, who doesn't like to save more money? While it's true that a good property investment depends heavily on the entry and exit price, the interest you are paying for your mortgage loan is equally important. Most of the time, property price appreciation takes years or even decades to materialise. Hence, you need to have certain holding power before you can expect to make a decent profit from your property investment. In the meantime, a mortgage loan with high interest rate is your worst enemy as it will slowly erode your earnings. For comparison sake, a mortgage loan with 1.5% interest rate over a 30 years tenure will cause you $910 interest in your monthly payment while a mortgage loan with 1.7% interest rate over the same tenure will cause you $1032 interest. Just a 0.2% interest rate difference will cause you more than...