Should You Pay Down Your Mortgage?

Being mortgage-free is a dream many people hold and rock-bottom interest rates might make it easier to achieve. But is it the best way to use your savings? 

Annalisa Esposito 9 July, 2020 | 1:16AM

Overpay mortgage

Canadians are well-known for their love affair with property and owning the roof over your head is a dream that many people share.

Polls have shown that with eating and drinking out off the menu and no overseas holiday on the horizon, lots of us are managing to save more of our cash in lockdown. And with interest rates at record lows, and many of us spending more time at home than ever before, overpaying the mortgage may be on your mind.

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About Author

Annalisa Esposito  is a data journalist at Morningstar.co.uk

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