https://www.onefrugalgirl.com/should-i-pay-off-my-mortgage/ Earn, Save, and Live Joyfully. Thu, 02 Feb 2012 20:50:09 +0000 hourly 1 https://wordpress.org/?v=6.8.3 https://www.onefrugalgirl.com/should-i-pay-off-my-mortgage/comment-page-1/#comment-3444 Fri, 28 Oct 2011 07:03:07 +0000 http://www.onefrugalgirl.com/?p=11#comment-3444 Behind the argument for not paying off your mortgage is the reasoning that you could invest the extra money and earn a higher return, while keeping your money more liquid. That may have been a good reason in the past but the rate of return on investing now is more questionable, compared to the fact that every dollar paid to reduce a mortgage balance provides a guaranteed return equal to the interest rate on the mortgage.

]]>