Should You Pay Off Your Mortgage?

Jul/05/2011 05:18 PM Filed in: Resource GuideHomeowner
Americans are saving more today than they have in years. With economic uncertainty all around us, we’re buying less and pocketing more. We’re also paying down our debt.

While a home loan is far and away that largest percentage of a person’s debt load, does it make sense to pay it off completely?

In hard economic times, we’re all looking for ways to reduce our debt. But should you pay off your home loan? Everyone’s situation is unique—find out if paying off your mortgage makes sense for you.

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