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Renting provides a high level of flexibility to an individual, but in many cases it may also come at a cost. Rather than putting equity into a landlord’s pocket, building equity in a property you own can lead to a higher net worth in the long r...

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One of the most perplexing statements I hear from people is: "I need a mortgage because I need an interest write-off on my taxes – it saves me money." Let’s get one thing straight – Interest is Interest, regardless of...

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Even small amounts add up over time and can make a sizeable difference. For example, below are the results of paying little extra on a $200,000 mortgage at 4.5% with a 30-year term:   Extra Monthly Principal ...

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