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"If you have your money tied up in a paid-off mortgage, in order to access that equity which is in your house, you have to go pay the bank to get your money [by refinancing the loan]," says Elisabeth Plax, a Beachwood, Ohio, ... Home > Money > Personal Finance > Should You Pay Off Your Mortgage Before You Retire...
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www.usnews.com/money/personal-finance/retirement/articl...
www.usnews.com/money/personal-finance/retirement/articles/2008/06/19/should-you-pay-off-your-mortgage-before-you-retire.html
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Let's start with the basic question: Should you pay off the mortgage early? Your best assumption is that the return on paying off your mortgage is the same as your mortgage rate. ... If you suddenly need money, you may not be able to sell your house quickly. You'll also have to pay a broker's commission to do so. True,
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www.usatoday.com/money/perfi/columnist/waggon/2005-04-2...
www.usatoday.com/money/perfi/columnist/waggon/2005-04-21-mortgage_x.htm
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There's no reason why people in their 20s or 30s or even 40s should pay off their mortgage if they're not planning to retire before 65. If you have more ... They owe $200,000 on their house, with a 30-year mortgage they refinanced this year at 5%. They earn $150,000 a year. Should they spend money to pay down that mortgage?
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www.usatoday.com/money/perfi/housing/2006-01-26-mym-mor...
www.usatoday.com/money/perfi/housing/2006-01-26-mym-mortgage_x.htm
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So, if you have the means to pay off your house, you probably have heard from a few people that you shouldn't. You might have even heard this from an accountant. What is the answer you ask - well I will tell you in plain simple terms that a...
http://www.associatedcontent.com/article/337696/why_you...
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It is commonly thought that paying off your house as soon as possible makes good, financial sense. However, this is often not the case. Here is an illustration of why it is usually best to mortgage 80% of the cost of the house and not to pre ... Should You Pay Off Your House?; The Henssler Financial Group Position Paper...
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www.henssler.com/radio/052804/tip-content.asp
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Also, 20 years from now your mortgage payment will be laughably small. Because of inflation, you're essentially taking full value dollars now to pay off smaller, future dollars. 3) Risk. It's financially risky to have most or all of your assets tied up in one thing, your house in this case.
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www.fool.com/imo/2002/a020423.htm
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Paying your mortgage off early? Might as well ... And gosh, if you are learning and applying Foolish investment principles such as Beating the Dow and Investing for Growth, then you should definitely be beating your mortgage rate! Also, your house is exactly as liquid an investment as some of your other options. ... Pay Dirt...
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www.fool.com/Fribble/1996/Fribble960904.htm
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my interest rate on my house is 5 7/8 %. Should I pay off my house or invest into X?Of course the obvious answer is if you can make more then 5 7/8% then do X. how about some suggestions on X. ... I think you should pay off your house. Investments are not without risk. Once you are totally debt free you can use all of...
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www.networthiq.com/people/boltar/questions/should-i-pay...
www.networthiq.com/people/boltar/questions/should-i-pay-off-my-house
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