Does your home feel like it's starting to burst at the seams? Many homeowners across the country can relate to this feeling having bought a home only to run out of space due to a growing family or for other reasons. Let's take a quick look at a few questions that will help you to determine whether buying a new home or expanding your current home is the best choice when you're in need of some extra space.
Understanding Why You Don’t Need to Pay Off Your Mortgage Early
Many homeowners feel pressure to pay off their mortgage as quickly as possible but faster is not always better. In many real-life situations, directing your money toward other financial steps can offer more growth, more protection, and more flexibility. Understanding when early payoff is helpful and when it is not can give you greater confidence in your long-term plan.
