VIDEO: When Does It Make Sense to Pay Off Your Mortgage?
Paul, 62, is like a lot of people near retirement: He wants a safe place to invest his money. But the interest rates on savings accounts barely keep up with inflation. Would it make sense to pay off a mortgage instead?
In this week's installment of "Money & Happiness" DailyFinance's Laura Rowley reports on the three questions you need to ask
before blowing your available cash to pay off your mortgage.
More on AOL Real Estate:
See the original post on DailyFinance.
A Win-Win? Housing Inventory Down, Home Sales Up
Open Houses of the Week: Rising Markets
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
Find rentals in your area.