If you’re one of the many homeowners who make monthly mortgage payments, you may have wondered if you should be taking any action to pay off your mortgage faster than planned. Reducing your debt load can be both a financially and an emotionally beneficial decision, and many mortgages provide the option for the homeowner to prepay.

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This article is prepared by Pekin Hardy Strauss, Inc. (“Pekin Hardy”, dba Pekin Hardy Strauss Wealth Management) for informational purposes only and is not intended as an offer or solicitation for business. The information and data in this article does not constitute legal, tax, accounting, investment or other professional advice. The views expressed are those of the author(s) as of the date of publication of this article, and are subject to change at any time due to changes in market or economic conditions. Pekin Hardy cannot assure that the strategies discussed herein will outperform any other investment strategy in the future.