Mortgage Holders: Pay off Loans Early
Mortgage experts John Charcol recently advised mortgage consumers to consider paying of their mortgage early. According to the company, mortgage consumers may be able to pay off mortgages early by paying mortgages at the same rate as they did before the interest rate drop.
John Charcol spokesperson, Katie Tucker, explained that, “For many people, the mortgage is what dictates when you can retire. By paying it off even a few years early it can make a difference to your quality of life not only because of age, but because of the money you free up to spend on other things.”
Perhaps as evidence of the spreading view of property as an excellent investment, John Charcol research indicates that more first-time homebuyers are moving in as couples.