Who’s that guy in the unfortunate freeze frame you may ask? That’s me Chris Molder. Mortgage broker and blogger on www.sonofabroker.com.
I was deemed cool enough to be invited to present one of the Mortgage Math videos for Ratehub.ca’s video series.
Truth be told I struggled with math like most teenagers do in high school. But despite math being my worst and least favorite subject in school I decided to pursue it in university. In fact I ended up with a minor in math. Go figure!?
In this particular video I present some basic yet important key concepts about mortgage payment frequency. Basically explaining the difference between monthly vs. bi-weekly and bi-weekly accelerated payments. This is super basic basic stuff. But if you’ve been following my blog then you’ll know that my thing is mortgage debt reduction and being mortgage-free faster! The first step in any mortgage debt reduction plan is to take bi-weekly accelerated payments. Right off the bat it’ll save you years and big bucks.
For more tips about mortgage debt reduction strategies and tools to pay off your mortgage faster going my mailing list. I’m always pumping out great material that you can apply to your own mortgage.