Saturday, January 9, 2016

3 reasons not to pay off your mortgage


Nobody wants to pay a mortgage any longer than necessary. It's a bit unsettling to have an enormous debt looming over you for years on end, racking up interest. You may even be tempted to pay off your mortgage early if you're fortunate enough to have the cash lying around.

However, paying off a mortgage early isn't always the smartest decision, and there's a reason mortgages are referred to as "good debt." So if you're thinking of paying off your mortgage early, here are three reasons to reconsider.



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