Video: tips on refinancing your home

Refinancing your home can be a tricky business, but with mortgage rates at historic lows, you could save a large sum of money. However, there's a lot of fine print to navigate.

“Nobody wants to miss the best deal," a property expert tells NBC, explaining that although refinancing is a personal decision, it's important not to pay more in the long run.

What are the key things to bear in mind when refinancing your home?

Watch the full video report on TheMoveChannel.tv.