Advantages to paying off a home mortgage faster

Making extra payments to the principle can help make ownership attainable

—Courtesy of BrandpointBuying a home is a major life step. Homes are by nature expensive and most home buyers cannot afford to purchase a home outright.
Because of that reality, most home buyers finance a home purchase with a mortgage. A mortgage allows them to spread the payments for a home loan across many years. The result? Mortgages can make home ownership much more attainable for the average home buyer. Why now is a great time to buy
Currently, mortgage rates are at historic lows, meaning ...

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