Refixing a mortgage means negotiating a new interest rate at the end of the mortgage term, where you negotiate a new interest rate with your existing bank to extend your existing mortgage finance with your bank.
When you say refixation
Many people confuse refixing with refinancing. While refixing refers to the process of negotiating a new interest rate with your existing bank and extending your current financing, refinancing usually refers to a new mortgage that you take out with another bank and pay off your existing one.

When to deal with mortgage refixation?
With a mortgage loan, you have an agreed fixing period, after which the bank guarantees you a favourable interest rate. However, when the anniversary of the fixation date approaches, you can start thinking about refixing your mortgage or refinancing your mortgage with another bank that will offer you better terms. That’s if you don’t like the new fixing amount.
Did you know that you’ll be dealing with fixation settings several times during the term of your mortgage loan?