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I didn't and don't want to. My mortgage rate is significantly lower than the rate of inflation, so my bank is essentially giving me free money. Paying it off fa

• gt565k 4y ago
  This needs to be at the top. If you locked in a 3% or under interest rate for 30 years it’s literally illogical to pay off your mortgage. That money would be better put to use in another investment or holding cash in a HYSA that yields over 3%. The sub 5-6% interest rates were a result of the housing crash. Prior to 2008/2009 the rates were pretty much where they are now. No one can for sure tell if we’ll ever see rates so low again. Cheap/low interest debt is good when compare to inflation.