Subject: Why to not pay off your mortgage.
Real example of why not to pay off your mortgage.
Depending, of course, on what your current mortgage interest rate is.
Federal Home Loan Bank bond with coupon of 5.89% and a maturity date in May 2045. First call date May 2026.
Or 20 Year Treasury at 4.86%
If you have a mortgage below 4.5% and are thinking of paying it off, don't. Instead put that money in one of these.