Updated over 5 years ago on . Most recent reply
Eliminate High Interest Mortgages
BP Community,
Since the government's stimulus package for 401k investors has come out I've been thinking about taking money out of my savings and either paying off my high-interest mortgage or simply buying another another cash flowing asset. The current interest rate on my existing loan is 6.6%. It would be great get your opinion. Best-James
Most Popular Reply
@James R aduna
Why not refi instead of messing with your retirement account? Even with covid19 the mortgage industry is still working. I’ve seen rates as low as 3.25% for 30yr.