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Mortgage payments

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FUTURISTIC | 10:29 Fri 30th Jan 2009 | Business & Finance
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We have an 'interest only' (retirement) mortgage which has more than halved in the last few months. Would it be to our advantage to continue paying more than the required sum per month in order to reduce the actual mortgage and also so that we will not find it so hard to pay an increased amount when the interest rate goes up again.
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