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Is it a Good Idea to Pay Off your Mortgage Early?

Thinking to pay off your mortgage early?

Is retiring mortgages early a good idea for a borrower? Doesn’t it sound good to not have to worry about monthly payments for the house you bought? I mean think of all the other things you can put your energy towards.

Yes, it sounds like a good option. However tempting it may be, you must consider the opportunity cost for paying off the loan. For instance, there may be other goals or investment options you are considering. Additionally, it is important to note the impact it would have on your tax situation. In this blog post, I will elaborate on the pros and cons of paying off one’s mortgage early.

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Is getting a Mortgage Broker Worthwhile?

Mortgage BrokerShould you consider using a mortgage broker when buying a house?

When you are looking to buy a new house, you are usually trying to find a perfect mortgage loan for the property. Moreover, finding a perfect mortgage loan that fits your financial needs and even your lifestyle is a big job. Finding a good deal can mean that you can receive huge savings on interest over the loan’s life. Continue reading “Is getting a Mortgage Broker Worthwhile?”