Are you paying too much for your mortgage?
A recent survey conducted shows big differences between how different generations handle their mortgage affairs. Homeowners aged between 19-34 were more likely to hold a repayment mortgage (92%) than their over 55 counterparts (68%). Being on a repayment mortgage means that the size of the 19-34’s mortgage is gradually decreasing whereas 32% of over 55’s are only paying interest from
August 3, 2017