5. You Pay The Same Interest Rates Throughout

According to financial experts, you should be revisiting the conditions of your mortgage at least every 2 years, more often if possible. This is because market conditions won’t stay the same. If you are able to negotiate a better deal for yourself, or even switch to a bank that gives you better rates, you can! Many people do not know that this does not cost you a dime.

If you’re having to pay fines for early payouts or a bank change, you’re being duped. Keeping in touch with fluctuations in the mortgage market can end up saving you thousands of dollars!