Not too likely, but now is the time to pay yourself !
All those people out there with Prime minus variables, you know who you are. Your interest rates are sitting anywhere from 1.5% to 2.1%. Much lower and the bank will have to pay you! All kidding aside, you should be paying yourself by keeping your mortgage payments high, paying off more principle currently. It’s prime time to shave years off of your amortization! Remember, your pre-payment money is dollar for dollar. No interest!
No comments:
Post a Comment