Paying off your mortgage might sound appealing, but before you write the check, experts say to weigh the financial considerations.

Nearly 40% of all homeowners in the U.S. are mortgage-free, according to the U.S. Census Bureau American Community Survey — the highest level in 13 years. Paying off your mortgage early can feel like ...

Owning a home is a monumental goal, but it also means you're saddled with a monthly payment for the duration of your home loan. Tack on the loan interest payments—with rates still hovering just under ...

Paying off your mortgage before retirement isn't always the best move. Explore seven scenarios where keeping your home loan ...

Paying off your mortgage sounds smart—but could it cost you in the long run? Here’s what financial experts say about ...

The final mortgage payment represents a significant financial milestone for homeowners. Beyond the immediate satisfaction of debt elimination, this achievement triggers several important financial ...

Some homeowners use a home equity line of credit (HELOC) to pay off their mortgage in hopes of lowering their interest rate or monthly payments. It’s a strategy that can work, but it’s not without ...

My wife and I are both retired. I am 77 and she is 74. We are both in good health and stay active with hiking and yoga. We have equities, bonds and cash worth $1.6 million. We get $4,500 a month from ...

Deciding whether to use an unexpected windfall of a couple thousand dollars to pay off debt or invest? Here's what you need ...

Paying off your mortgage can have its downside ... "You will no longer have leverage-meaning, your money is now tied up in ...