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Every homeowner knows that the best mortgage is no mortgage at all. So what can you do to pay down your mortgage faster – and save possibly thousands of dollars of interest at the same time? Consider these three strategies. Pay more frequently Many people choose a “traditional” payment schedule, paying their mortgage […]
If you’re buying a home for the first time, you may not be entirely clear on the difference between fixed rate and variable rate mortgages. Both have benefits and the choice that’s right for you will depend on your situation and your personal preferences. Here’s what you need to know. The benefits of a fixed rate With […]