Quote:
Originally Posted by arock10
Paying off your house right now is the worst move you can do. Interest rates are at all time lows, pulling out all that paid off equity and investing it is pretty much what people need to do these days.
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I understand it is the cheapest money to borrow on, but it is still debt...but what a great feeling to sit back and not pay a mortgage company every month. I have a little under a year on a ten year mortgage and am looking forward to paying it back to the house and doing upgrades. Free of any loans. Bettering my investment so to speak.