Decision to pay off home mortgage early isn't always so simple

 
By Carrie Schwab Pomerantz    Comment on this article Leave a comment
Published: July 20, 2008

With all the recent focus on lending practices, foreclosures and economic pressures in general, I've been getting a lot of questions from readers concerning the pros and cons of paying down a mortgage. Understandably, many people are concerned that carrying a mortgage might be a detriment to their financial future. And those struggling to meet their monthly mortgage payments are wondering if there's any light at the end of the tunnel.

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