25 July 2013
Right term will help you become mortgage-free faster
With mortgage rates being at the rock bottom for the last couple of years, most borrowers are wondering for how long this low rate environment are going to continue and how to make most out of it. One of the easiest ways of paying off your mortgage faster is minimizing your total borrowing cost. And the mortgage term can seriously affect it.
Choosing the right term is even more vital than picking the best lender, certain mortgage features or the lowest interest rate…