Is Paying Off a 2.375% Mortgage Better Than Investing in 4% CDs?

Reported 2 months ago

A reader weighing the decision of whether to pay off a 2.375% mortgage or invest in a 4% CD seeks advice as she plans for retirement in seven years. The article explores the financial implications of both options, considering factors such as interest rates, investment risks, tax deductions, and the emotional satisfaction of having a paid-off home versus potential savings.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis