mortgage

By Terry Savage on September 20, 2025 | Housing / Real Estate

Is it better to carry a mortgage for tax advantages, or better to pay it off if I have the balance available to me due to an inheritance?

Terry Says

Taht depends on your current mortgage rate — and your entire financial situation! For example, do you have other debt? Do you have retirement savings? Are you planning to sty in your home for a long time?
It’s like asking me to diagnose an illness with only a temperature reading! Need to know more.

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