Why Bank Penalties Are So Expensive and How You Can Save On Breakage Fees
Breaking Your Mortgage Can Be Expensive – Here’s How to Save on Fees So, you’re considering the idea of breaking your mortgage before your term is up—but the only thing standing in your way is a hefty breakage penalty. There is a lot to consider before you decide if this is the right path for […]
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Fixed Vs. Variable Mortgage Rates
How to Determine What Type of Mortgage Rate is Best for You Whether you are buying your first home or preparing to refinance, it’s important to have an understanding of the different types of mortgage rates when shopping around. To help give you a better sense of the two types of mortgage rates and how […]
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Mortgage Refinancing: How Does It Work & What Are the Benefits?
A Look at Mortgage Refinancing & How It Can Benefit Homeowners Refinancing, in its simplest definition, is when you take out a new mortgage to replace your current one, either for the same amount or slightly more money. But what is the purpose of refinancing? In some cases, refinancing can save you money and offer […]
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Does Renewing a Mortgage Early Cost or Save You Money?
A Look at the Potential Costs and Benefits of Early Mortgage Renewal Mortgage renewals are a necessary part of homeownership. While some look at it as a routine process, like going to the dentist, others may want to get it out of the way as soon as possible—but is this the best approach? Early renewals, […]
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