Breaking a Mortgage Early? HD

Time for another update on mortgages and some things to consider. In this ultra hot sellers market, many homeowners are deciding to sell and cash in. Make sure you have reviewed your mortgage documents and if you’re cancelling your mortgage early, know what your penalties are for paying it out before the expiry date. Also, with record low interest rates, make sure you are leaving room in your budget for a rate hike. Not sure when interest rates will be going up but they have no where to go but up from here. You should also try and take advantage of the accelerated payment options on your mortgage and pay it off early while the getting is good. If you want to voice your opinion or get in touch with me, please email me at owen@owenbigland.com or comment/message me on my YouTube channel. Thanks for watching! Get my new book "Along for the Ride" available at Amazon: http://bit.ly/Bigland OWEN BIGLAND MACDONALD REALTY Direct Ph: 604.889.1118 http://owenbigland.com VANCOUVER BC HOMES & CONDOS GREATER VANCOUVER BC REAL ESTATE FOR SALE House | Townhouse | Apartments Condos | Real Estate Vancouver | Richmond BC