How to save money on your mortgage

Cut mortgage costs

Cut mortgage costs

Buying a home is probably one of the biggest investments that you will make during your lifetime.  Likewise, your mortgage will probably be the largest debt that you owe during your lifetime as well. There are ways that you can reduce the cost of your mortgage if you only know where to look.  For example, if you obtain a mortgage from a bank that you already use, they may give you a discount on the interest rate.  Consider financing your closing costs on a zero percent credit card rather than rolling them into your mortgage and paying interest on that amount for the life of the loan.

For more read the full article at “Five secret tips for big mortgage savings.”

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