Day: August 15, 2019

When you take keeping up with your mortgage payments, or if you simply want to lower them, then it could make sense to refinance your home loan with a new rate. a mortgage, you’re required to repay both the principal amount on the loan and the interest payments, which are based on a certain rate.

The Pros and Cons of Prepaying Your Mortgage

Regan Hagestad August 15, 2019

Prepaying a mortgage can be a financially savvy move for some homeowners. For others, however, it just doesn’t make sense. The bottom line: If you don’t have enough money to cushion your savings before you begin paying off your mortgage early, prepaying your home loan may put you in a financial hole if an emergency arises. To help determine whether

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