Mortgage debt: One extra payment a year could make a difference

2 Video Views·Jun 27, 2024

As home prices soar to unprecedented levels, many homeowners and prospective buyers are grappling with the challenge of managing loans. In this high-cost housing environment, the question arises: How can one pay off their mortgage more quickly? Yahoo Finance's Personal Finance Editor Molly Moorhead discusses the impact of making just one extra mortgage payment each year.