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How Do You Pay Off Your Mortgage Early?
Everyone is experiencing some degree of mortgage pain as a result of the rapid increase in interest rates. All of us are aware that increased interest rates result in larger repayments. What are some effective methods for speeding up the mortgage repayment process?
3 Ways a Low-Rate Mortgage Could Cost You More
Banks and lenders frequently give new clients greater offers in the form of honeymoon rates, which are much reduced in comparison to other loans. These offers, however, are only valid for a short period of time, usually between 12 months and 2 years. Clients are switched to the usual variable rate when the honeymoon period expires, which may be more expensive than other loans offered.