Fact checked by Betsy Petrick Key Takeaways You might prefer to pay off your mortgage before retirement if you're paying a high interest rate or the mental relief of being debt-free outweighs other ...

The logic behind investing or paying off your mortgage if you come into a windfall of money depends on factors such as the terms and criteria of a mortgage or investment.

Financial expert Alonso Rodriguez Segarra breaks down when it makes sense to pay off your mortgage early — and when your ...

In other words, home loans haven’t become significantly cheaper, despite the Fed’s rate-cutting cycle. This leaves some homeowners with a key decision: should they use extra cash to pay down their ...

In other words, home loans haven’t become significantly cheaper, despite the Fed’s rate-cutting cycle. This leaves some ...

Owning a home comes with the significant responsibility of a monthly mortgage payment, including interest rates that can substantially increase the total cost. While paying off a mortgage early can ...

Owning a home is a monumental goal, but it also means you're saddled with a monthly payment for the duration of your home loan. Tack on the loan interest payments—with rates still hovering just under ...

Dear Quentin, I had a career as an economist and financial analyst in the commercial banking area. I retired at the age of 70 ...

Standard personal finance advice has long been to eliminate debts around retirement, including the mortgage. The mantra “retire debt free” comes from the insight that everyday life at older ages ...

I think you guys are splitting hairs. Having a nice pile of cash is a LUXURY. On the other hand, living mortgage-free is also a luxury. I think you guys are splitting hairs. Having a nice pile of cash ...

The dream of entering retirement mortgage-free is fading for millions of Australians, but a new report suggests raiding ...