Why You Might Never Want to Pay Your Mortgage Off

A couple of weeks ago, I responded to a couple of questions about paying off your mortgage early. This week, I got the opposite question. Given record low mortgage rates, does it even make sense to ever ...

More Foreclosures Drag On Home Prices

Morning Business Memo Home prices have been bogged down by a series of problems, from restrictive lending policies by banks to the weak housing market. But foreclosures are the biggest drag in many parts of the country. The real estate marketing firm RealtyTrac says number...

The Choice Blog: Part 3: Answers to Readers' Questions on Financial Aid

This week's third installment of expert financial aid advice from Mark Kantrowitz, the publisher of FinAid.org and FastWeb.com.

Part 3: Answers to Readers' Questions on Financial Aid

This week's third installment of expert financial aid advice from Mark Kantrowitz, the publisher of FinAid.org and FastWeb.com.

Retire with your mortgage or refinance?

If you are age 55 or older and plan to retire in a decade or so, you need to evaluate your retirement funds and your desire to pay off your mortgage before signing that refinance application.Financial planners have mixed feelings about whether homeowners should retire their mortgages before retirement."First, you need to think realistically about what you want your lifestyle to be in retirement ...