{"id":31,"date":"2026-09-24T17:00:00","date_gmt":"2026-09-24T17:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/jhickmanbroker-com\/2026\/09\/24\/us-mortgage-payoff-strategy-matters-now\/"},"modified":"2026-09-24T17:00:00","modified_gmt":"2026-09-24T17:00:00","slug":"us-mortgage-payoff-strategy-matters-now","status":"publish","type":"post","link":"https:\/\/www.jhickmanbroker.com\/blog\/2026\/09\/24\/us-mortgage-payoff-strategy-matters-now\/","title":{"rendered":"US Mortgage Payoff Strategy Matters Now"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/john-hickman-1\/paying-mortgage-wrong-b9b4\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Lately, I\u2019ve noticed more clients asking about strategies to pay off their mortgages faster\u2014and it\u2019s easy to see why. About 1 in 4 US mortgage holders have put extra toward their principal over the past five years, aiming to accelerate their payoff timelines. But should you do the same? If you\u2019re locked into a low-rate mortgage, it may actually make more sense to tackle higher-interest debts first, like credit cards or personal loans. However, if your mortgage rate is over 6% (which applies to roughly 1 in 5 borrowers right now), those extra principal payments could have a bigger impact on your finances.<\/p>\n<p>When clients in our community weigh their options, I walk them through the main approaches: making regular extra payments, using a lump-sum recast to lower monthly payments, or refinancing into a shorter term. With 30-year fixed rates hovering near 7%, refinancing isn\u2019t as appealing as it was in years past\u2014so sometimes, simple extra monthly payments are the most straightforward path.<\/p>\n<p>Since 2006, I\u2019ve focused on helping homeowners and investors make smart, personalized decisions like these\u2014always with the goal of building wealth through real estate. Every situation is unique, and I\u2019m here to help you make the most of yours.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Lately, I\u2019ve noticed more clients asking about strategies to pay off their mortgages faster\u2014and it\u2019s easy to see why. About 1 in 4 US mortgage holders have put extra toward their principal over the past five years, aiming to accelerate their payoff timelines. But should you do the same? If you\u2019re locked into a low-rate [&hellip;]<\/p>\n","protected":false},"author":469,"featured_media":32,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-31","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/posts\/31","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/users\/469"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/comments?post=31"}],"version-history":[{"count":0,"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/posts\/31\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/media\/32"}],"wp:attachment":[{"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/media?parent=31"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/categories?post=31"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jhickmanbroker.com\/blog\/wp-json\/wp\/v2\/tags?post=31"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}