REACH YOUR HOMEOWNERSHIP GOALS

PURCHASE • MORTGAGE • REFINANCE

With rates up, should you pay off your house quickly?

When interest rates were down in the 3-4% range, the motivation to pay off a mortgage as soon as possible didn’t make much sense financially. Through proper planning, your money could serve you much better by being invested in other areas.

But now that interest rates are up in the seven percent range and people are paying a higher rate for their mortgage, should you still be thinking about paying your mortgage as quickly as possible or continue making your scheduled payments over time? In this video, we’ll share our perspective as a mortgage lender and a company that works with people to help them reach their financial goals.

Join us as we dissect the complexities of mortgage management in an era of fluctuating interest rates. We’ll explore the value of paying off your mortgage sooner versus investing in the market, the role of 401(k)s, and the nuances of 15-year vs. 30-year mortgages. Whether you’re a new homeowner or nearing retirement, this episode offers valuable perspectives on making the most of your money.

 

Schedule a time to meet with Bill here: https://calendly.com/blitton/

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