Don’t rush to pay off your mortgage

This story was sent to you by: Jeffrey Allen

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Don’t rush to pay off your mortgage ——————–

By Anne Kates Smith, Kiplinger’s Personal Finance

January 27 2012

When it comes to home loans, we’ve become a nation of debt-a-phobes. Borrowers are choosing shorter-term loans when they can; of those who refinanced a 30-year fixed-rate loan in the third quarter of 2011, 40 percent chose a 15- or 20-year loan. The complete article can be viewed at:
http://www.chicagotribune.com/classified/realestate/sc-cons-0126-mortgage-pay… Visit chicagotribune.com at http://www.chicagotribune.com

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