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BC, I just want the freedom that comes from owning my home
posted by
SuccessWarrior
on February 23, 2007 at 1:51 PM
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it's great to be debt free, but a mortgage is usually one of the best debts
to have, if you have to have one. If you can lock in a low rate, at least the interest is deductible. Sometimes you can actually earn more by putting your money into a high rate cd or balanced mutual fund than to pay off your mortgage early. Depends on the situation.
posted by
-blackcat
on February 23, 2007 at 12:26 PM
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