mortgage housing

thumbnail Should you Pay off your house: yes or no?

The easy answer is of course yes, but there are a number of other factors to consider, and not everyone is fortunate enough to be able to live mortgage free by the time they retire.

If you’re one of the lucky ones, you’ve now owned a house for a number of years and have positive equity. And if you’re young enough, you can pay your mortgage off by the time you retire, perhaps even sooner if you are able to make more than the standard payment.  For most families, getting the mortgage paid off early will take patience, perseverance, and sacrifice.

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