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22 Dec

Top 5 costly financial mistakes homeowners make with their mortgage

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Posted by: Livian Smith

DLC BLOG

Top 5 costly financial mistakes homeowners make with their mortgage

Top 5 costly financial mistakes homeowners make with their mortgage1. Not consolidating high interest debt into low interest mortgage.
2. Paying “fees” to get the lower rate
3. Not looking at their long term forecast
4. Taking a 5 year rate when 3-4 years can be cheaper
5. Having their mortgage with a lender that has high penalties and restrictive clauses.

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