Apr 15 2008

Mortgages

I was reading that it may not be in everyone’s best interest to pay off their mortgage loans. For example if you have $50000 left to pay and you have the $50000 I read that it would be better to invest your money into something else. Personally, I think the home you have is the best investment you can make. You will not have to worry about those monthly mortgage payments anymore. Why invest in something that may just lose your money! If you are going to invest in something then fix up your house. Personally, if I could pay off my home I would do so immediately. Less monthly payments just makes for a little peace of mind. I wouldn’t have to worry about quite so many monthly bills!

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