Paying your mortgage payment on time every month is a great practice and your credit will reflect that good habit. However, this practice is not enough to get ahead. It's just enough to keep you chained to the high interest rate wheel of cyclic existence. Otherwise known as thirty year mortgage hell.
To understand what's happening, take a look at the interest you are paying your bank every month for the priviledge of maintaining that account balance. Most people don't realize that…
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