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Should I Pay off mortgage?

Jennifer Patterson

in Student Loans

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1 answer

Chelsea Hayes on March 2, 2018

Depending on your age, Income, and Financial goals. A mortgage is probably the best" debt you can have The freedom of not having to make a mortgage payment it is also a good thing for someones cash flow. The situation depends on your age and financial goals of truth. The 30 fixed mortgage was created by a dying breed of people who work for 30 years, then retire to a mortgage payment. Statistically people refinance or move every five years. This is the reason why it has been so may adjustable rate mortgages that have been pushed until recently. However, a mortgage, when used correctly, can be a powerful financial tool.

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