Fresh Ideas for Consideration

Most finance gurus refer to a general rule of thumb in determining whether or not to prepay some or your entire mortgage… compare the interest rate on your mortgage with the expected rate of return on your investable assets. If your mortgage rate exceeds the rate you can earn on your investable assets consider paying down your mortgage and vice versa. While this analysis still holds true, most investors feel more uncertain about their expected rate of return following unprecedented turbulence in the capital and credit markets. Read More