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Here’s a new idea for mortgages that may take some getting used to or even some convincing. Imagine being able to pay off your mortgage early without penalty. Would you be willing to do that if the opportunity presented itself? Would you still be as interested if it meant combining your bank account with your mortgage? Yep, you read that right. That’s the part that may take some getting used to.
According to The One Account website this program is supposed to allow you to repay your mortgage early, make more of your savings, pay less interest and get real financial flexibility.
The problem is that the site wasn’t real clear as to exactly how the program works. Either that or I wasn’t smart enough to figure it out.
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