You have probably heard or read somewhere that you should review your mortgage every 2 years. Why? Well, bad decisions on a $600,000 home loan can easily cost you $150,000.
A low-interest rate is not the most significant factor in reducing home loan cost and paying out a loan faster.
Lenders don’t advertise all home loan deals available to you: they make money by lending you as much as possible, for as long as possible and with fees as high as they can get away with…
If you already have a mortgage, it’s not too late to fix old mistakes (it also works if you’re planning to apply for a next loan).
