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Mortgage terms usually cover anything from 6 months up to 10 years, with a few years being the most common. Discharge fees, sometimes called mortgage-break fees, apply if ending a home loan term before maturity to compensate the lender. Renewing more than 6 months before maturity ends in discharge penalties and forfeiting any remaining discount period rates. Comparison mortgage shopping between banks, brokers and lenders can potentially save thousands long-term. Mortgage Payment Protection Plans...
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