Sheri  Smith

Sheri Smith

Sales Representative

iPro Realty Ltd., Brokerage

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Get Rid of Your Mortgage Quicker #5

Last But Not Least - Educate Yourself

Dont forget about your mortgage once you start making payments. It's easy to do because your mortgage payment is an automatic withdrawal and you just stop thinking about it. You need to stay informed, even when not thinking about moving. By staying up to date with the current interest rates and mortgage options, you could potentially save yourself thousands of dollars.

Lets look at an example of how staying educated can help you. Perhaps the interest rates have dropped since you took out your mortgage. Even though you might be in the middle of a five year fixed term with your lending institution, it might be worth breaking your mortgage and paying the penalty. In the long term, it might save you loads of money.



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