You don't have to dream about mortgage-free living to get it. You may avoid the pressure of monthly mortgage payments if you plan ahead and have a strategy in place. At 25, you'd have to wait until you were 50 to pay off a 25-year mortgage, and that's without extending its duration. Are you ready to shorten your mortgage payback period? Here's how it works.
Buying the house of your dreams would be so much easier if you didn't need to put down any money. Most of us will struggle to come up with 20% of a down payment on an uninsured mortgage, even if it's only 5% of the purchase price. And new home buyers are often surprised to learn this. Mortgage rates may be found when you are ready to buy a home.