In today’s market, buying a house could be a very good investment, if you get the right mortgage. A mortgage shouldn’t be something you pay every month. It is an adjustable note payable depending on how you plan out your payments. Lump sum and rapid bi-weekly payments can help take years off of your mortgage. Lump sum payments are applied directly to your principle, lowering your interest and possibly saving thousands.
Refinance your mortgage, especially if you are quiet a few years into it. Don’t be passive – research ways to better your mortgage situation to make sure you are on the way to owning your home outright.