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re: Nearly a Million Americans Fear Losing Their Home to Foreclosure in the next two months
Posted on 10/20/22 at 11:29 am to bubbaprohn
Posted on 10/20/22 at 11:29 am to bubbaprohn
quote:
This is just idiotic. There is 0 downside to paying things off. It is a great financial decision to pay things off. Laughing at those who say so is just stupid
yes there is
if i take money out the market to pay off something when interest rates where below 3% and inflation was over 5%....yea thats a huge downside.
essentially your loan is free money, the banks money is worth less every year.
im done arguing about it though. yall do you and be happy when you retire at 63 with that 400k in the retirement and paid off 1500 sf house.
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