Corp 1000

Why Pay Off A Negative Real Mortgage Rate When Inflation Is So High

Paying off a mortgage with a negative real interest rate is a suboptimal financial move. However, that’s exactly what I did in this unusually high inflationary environment. Bad move? Maybe. The mortgage rate was a 30-year fixed at 4.25% and the latest inflation figure was 9.1%. Therefore, it had a negative real mortgage rate of

The post Why Pay Off A Negative Real Mortgage Rate When Inflation Is So High appeared first on Financial Samurai.

Leave a Reply

Your email address will not be published.

Previous post Crocs stock dips after earnings as company cuts forecast
Next post Chegg stock flies higher as earnings, revenue decline but top expectations