Saving Money on Your Mortgage

Posted in Finance on Jul 17, 2006

Now that interest rates are getting back up to higher–albeit traditionally normal–levels, the easiest option for reducing your mortgage costs, refinancing, is no longer on the table because market rates are most likely higher than the loan’s. But you can still save thousands on your mortgage by retooling your home equity line of credit, getting rid of fees like PMI, and knowing when to pay down your principal. Read more at CNNMoney to see how.

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