With the economy in turmoil I decided to capitalize on plummeting interest rates. My wife and I refinanced a few days ago and thus we will have our house paid off at age 52 (at the latest, possibly earlier). Our lender was a traditional brick and mortar bank with very conservative lending requirements. As a […]
Entries Tagged as 'mortgages'
January 1st, 2009 · 6 Comments
September 3rd, 2008 · 1 Comment
I was intrigued to learn that my college roommate Chris and another friend Marta both paid off their mortgage in their thirties. This is quite an accomplishment. First, they both defied the idiotic, asinine conventional wisdom that you want a mortgage for the tax deduction. I won’t even respond to that misguided anti-logic. Second, they […]