As a homeowner with a mortgage, the holy grail is having a mortgage rate below the 10-year bond yield. When you have this situation, you are living for free and should not pay down extra principal. If you had the money, you could invest an amount equal to your mortgage into a 10-year Treasury bond.
The post Negative Real Mortgage Rates Means Don’t Pay Down Extra Principal appeared first on Financial Samurai.
About Author
You may also like
-
Financial Planning Through Changing Presidencies: A Personal Journey
-
Four Years Later, You’re Likely Way Better Off Than You Think
-
2025 Tax Brackets: New Ideal Incomes For Workers And Retirees
-
The Surprising Benefits Of Donating To Your Kid’s School
-
Apply Stop Losses To Protect Your Wealth And Quality Of Life