Should You Pay Off Your Mortgage Early?

My friend Amy recently wrote with an interesting dilemma. “Should I pay off my mortgage early?” she wonders. Amy has a high-paying job and has managed to save enough that she could be completely debt-free if she wanted to. And she kind of wants to! But is this the best choice?

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BING NEWS:
  • Mortgage rates are still above 7% and home prices remain high
    Mortgage rates increased this week again, marking the second week in a row rates were above 7%. The average 30-year mortgage rate was 7.17%, up from last week when the average was 7.1%, Freddie Mac ...
    04/26/2024 - 7:30 am | View Link
  • Mortgage Interest Rates Today, April 26, 2024 | Are Homebuyers Adjusting to Higher Rates?
    These are today's mortgage and refinance rates. Mortgage rates are expected to go down later this year, improving affordability for would-be homebuyers.
    04/25/2024 - 11:00 pm | View Link
  • Average long-term US mortgage rate climbs for the fourth straight week
    Borrowing costs on a 15-year fixed-rate mortgage, popular with homeowners refinancing their home loans, also rose this week ...
    04/25/2024 - 11:02 am | View Link
  • Zillow Home Loans Review 2024: A Simple Online Mortgage Experience for Well-Qualified Borrowers
    Zillow Home Loans offer a simple online mortgage experience, including prequalification with only a soft credit inquiry. But its minimum credit score criteria is a bit stricter than some other lenders ...
    04/25/2024 - 6:48 am | View Link
  • Average long-term US mortgage rate climbs for fourth straight week to highest level since November
    The average long-term U.S. mortgage rate climbed this week to its highest level since late November, another setback for home shoppers in what’s traditionally the housing market’s busiest time of the ...
    04/25/2024 - 5:30 am | View Link
  • More
BING SEARCH:
  • Sign In To Your Rocket Account
    Sign in to your Rocket Mortgage account to access your online dashboard, manage your payments, view your loan details, and more. Rocket Mortgage is the easiest way to get a mortgage or refinance online, with fast approval, low rates, and expert support.
    04/8/2024 - 6:24 am | View Website
  • Make Your Mortgage Payments Online | Chase
    You can make a mortgage payment online by using Chase Mobile® app or chase.com. Learn how you can schedule a one-time payment today!
    04/7/2024 - 10:03 pm | View Website
  • Pay my mortgage online | Chase
    Pay my mortgage online | Chase. Sign in and choose your way to pay. We offer many convenient, free ways to make your mortgage. or home equity line of credit payment: Automatic payments. Recurring payments monthly, twice a month and every two weeks. Learn more. Enroll now. One-time online payments.
    04/7/2024 - 6:00 pm | View Website
  • Manage Your Mortgage & Make Payments Online | Truist
    Pay your home loan, view statements, and get quick answers to common questions. For everything else, we’re just a phone call away. Sign in and manage. Getting started. Mortgage statements. Manage and pay. Escrow, taxes, and insurance. Mortgage assistance.
    04/7/2024 - 3:08 pm | View Website
  • How To Pay Your Mortgage With A Credit Card
    In this case, you can pay your mortgage with a credit card, pay your credit card bill in full each month to avoid interest and pocket the 0.5% in rewards—that’s $5 in rewards for every $1,000...
    04/7/2024 - 9:10 am | View Website
  • More
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