Keep Repayments The Same When Interest Rates Go Down

Mortgage Saving Tips

When the interest rate on home mortgage loans goes down you should try to keep your fortnightly mortgage repayments the same. You won't notice any difference in your expenses but you will save lots of money on interest repayments and pay off the mortgage much faster. If you can't afford to do this then at least consider paying a little bit more than the standard fortnightly repayment amount.

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