best mortgage broker: Homeowners don’t think they’ll be mortgage-free until they’re 57 - 04/08/13 11:48 PM
I was reading the results of a CIBC mortgage study that found that the average Canadian homeowner doesn’t think they’ll be mortgage free until they’re 57. Then I scrolled down and read the following comment.
 
Picked up my first & only house in YYC back in spring of 2005 when I was 31. I went in with 10% down and I took a variable mortgage, bi-weekly payments, increased the payments by $300+ above minimum. I will have my house paid off when I’m 46 if my rate stays the same and I don’t increase my payments or do a lump … (2 comments)