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re: Never pay off your house?
Posted on 3/10/09 at 12:03 pm to Cold Cous Cous
Posted on 3/10/09 at 12:03 pm to Cold Cous Cous
In today's market, it makes more sense than it did 10 years ago.
I think the idea is, if you are going to have ANY debt, that a home mortgage is probably the best kind to have. I wouldn't want to take this to the extreme however. I would say that you want to keep enough equity in your home to be mobile at least.
I think the idea is, if you are going to have ANY debt, that a home mortgage is probably the best kind to have. I wouldn't want to take this to the extreme however. I would say that you want to keep enough equity in your home to be mobile at least.
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