An offset mortgage basically uses the interest from your savings account against the interest charged on your mortgage. Usually your mortgage lender will link your mortgage and savings account into a single account, with the same financial institution. Each month, the amount you owe on your mortgage is reduced by the amount you have in [...]
Posts Tagged ‘Consequence’
Offset Mortgage, Offset Mortgages, Mortgage, Mortgages, Offset
Posted by admin on December 31st, 2009
Posted in 
Tags: 