Prepay a Mortgage? It Depends, New York Times, Ted Tedeschi –
October 19, 2008
Homeowners with an aversion to debt are sometimes tempted to pay down their mortgages before they come due. That can be a misguided approach, some financial counselors say, if borrowers can instead put that money into relatively safe investments that produce a higher rate of return than the interest rate they are paying on their….