Prepay and make money
Started by Riversider
about 14 years ago
Posts: 13572
Member since: Apr 2009
Discussion about
http://abcnews.go.com/blogs/business/2011/10/make-money-with-mortgage-prepayment/ In these tricky economic times, if your stockbroker told you he had an investment that was guaranteed to get you a 5 to 10 percent return, you would call him a crook. After all, we’ve been taught that no investment is a sure thing — especially now. But that’s exactly what prepaying your mortgage is: an investment that’s guaranteed to get you a return equal to the amount of your interest rate.
I'm sure columbiacounty will figure out a flaw.