Homeowners are increasingly exploring the benefits of making extra mortgage payments to reduce their long-term debt. For ...
If you’ve received a large tax refund, you might consider putting it toward your mortgage as a lump-sum payment. If your payment is large enough — typically $5,000 or more — you may qualify for a ...
Mortgage recasting allows you to pay a lump sum toward your mortgage in order to reduce your remaining monthly payments and interest. When you recast your mortgage, you’ll keep the same interest rate ...