The Hull Truth - Boating and Fishing Forum - View Single Post - Mortgage Rates
Thread: Mortgage Rates
View Single Post
Old 12-20-2008, 02:21 PM
Senior Member
Join Date: Dec 2007
Location: Clearwater, FL
Posts: 529
Likes: 0
Received 0 Likes on 0 Posts
Default Re: Mortgage Rates

Ray Zor - to clarify, I'd be waiting until Spring to invest that money anyway. But if you pay off the mtg then you leave yourself without the option of investing. Given the low interest rate, it makes more financial sense to keep the debt. Exactly as Back In Black has said. If you hang onto the cash and find that you don't want to invest you always have the option of early payoff on the note.