101 of mortgage refinancing: Billionaires Jay-Z and Beyoncé refinance their Bel Air mansion.

Sizwe Dhlomo speak to Chartered accountant, activist and academic, Khaya Sithole on what to make of Billionaires, Jay-Z and Beyoncé taking out an additional $57.75million mortgage refinancing on their Bel Air mansion, bringing their total borrowing on the property to a whopping $110million. Khaya and Sizwe explain the concept of mortgage refinancing and the pros and cons of mortgage refinancing.