Buying a home is one of the best feelings in the world, and if you’re eager to close and get your keys, you might accept any type of mortgage offered by a lender. Some buyers don’t ask questions, and they don’t completely read their loan estimate. But it’s important to understand each term of your... View ArticleRead More
Tag Archive: pay off mortgage faster
If you’re a homeowner, you know the importance of making regular monthly payments. This protects your credit score, and helps maintain a good relationship with your mortgage lender. However, if you start to experience payment problems, or if you want to pay off your mortgage sooner, options are available to you. The truth is, there... View ArticleRead More
Is it worth it to make double payments on my 30-year fixed-rate mortgage with an interest rate of 4.75 percent?
It’s tempting, if you can afford it, to make two mortgage payments a month. This will help you slash the time it takes to pay off your mortgage loan. And over time, it can save you a significant amount in interest payments. And let’s be honest: It’s nice not to have make those mortgage payments... View ArticleRead More