Agent

Homeowners with extra cash cautioned about paying off mortgage

Home equity credit line recommended as safety net
Published on May 2, 2006

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by CareyBot

DEAR BOB: My husband and I owe about $57,000 on our home mortgage at 6.75 percent interest. We have that amount in a money market account, which only earns around 4 percent interest. I think we should take that money ...

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