12 Hrs
Source:
USA TODAY
_1777370193195_831968492.png&w=64&q=75){kind=small}
Source: USA TODAY
12 HrsUSA TODAY
Source: USA TODAY
12 HrsReady to play
Ready to play
About one in four mortgage borrowers made extra principal payments in the past five years, according to Rocket Mortgage, with such payments more common among borrowers with lower interest rates. Paying extra can shorten a loan and reduce interest, but financial experts say homeowners may be better off first paying higher-interest debt, particularly when their mortgage rate is low. Whether to pay down a mortgage or invest depends on borrowers’ goals and circumstances.
Notice: This Is an AI-Generated Summary
Comments (0)