Tag Archives: paying off a mortgage

When Should You Pay Off A Mortgage Early?

Most 30-year fixed rate mortgages contain a penalty for early repayment. Mortgage paperwork is complex and most people don’t fully understand what they’ve signed up for. Makes me like this new two-page mortgage simplification paperwork proposal. Report: Before even thinking … Continue reading

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Government Forcing Banks To Lend

We got into this housing crisis, in part, because government regulation and political pressure forced banks to lend money to people with low chances of paying it back. If banks didn’t make these loans, they were picketed and their expansion … Continue reading

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The Home Mortgage Deduction

I have about $35,000 in credit card debt. The interest on that debt is not tax deductible, but if I were paying off a mortgage, the interest would be tax deductible. Making mortgage interest payments tax deductible is one of … Continue reading

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