Time to think about options for refinancing my home loan. With my 3-year lock in period having expired, the bank is now offering me a generous new rate of 4.08% per annum. While that doesn't sound like much under normal, everyday circumstances, when applied to a 6-figure principal, it's a whopping extra bushel of dosh every year -- I don't gross enough a month to cover the interest alone!
Good thing is, the bank's current refinancing package offers a rate that is actually lower than the initial rate. Still shopping around for better deals, though. I know they're out there.