Blog Category: paying down your mortgage

Should you be paying down mortgage debt when you refinance? Many people measure things as a return on investment, or a percentage return. If someone said they had an investment to tell you about that would provide you a .5% return you would not even listen. If someone said they had an investment to tell you about that would provide you a 4% return risk free, you would stop and hear them. A 4% return is an 8 fold return over a .5% return! And we all know that it seems hard to even impossible to get a decent return these days without taking on what many of us think is high risk. Investing in stocks these days still feels like a high risk proposition. We all get miserable returns from banks for CD’s and savings accounts. Read More