Both strategies have merit. Here’s what to consider.

Danielle Gooch, 32, from Gloucestershire, said she was able to pay off much of her mortgage without earning more or cutting back ...

Rushing to eliminate your mortgage before retirement could leave you cash-poor and unable to handle emergencies.

"Less ideal debt" is for buying an asset that drops in value, like a car loan, or has a high interest rate, like credit cards. "Necessary debt" is used to buy an asset that can rise in value, like a ...

Quick Summary Using home equity to pay off credit cards can feel like progress, especially when someone has $30,000 in high-interest debt, a 715 credit score, and more than $100,000 in estimated ...

Mortgage rates hover around 6%. While it's hard to time the market, here are effective strategies to secure the best rates in ...

Picture this: James is 58 years old. He's built up about $1.5 million in retirement accounts and still has a modest mortgage on his home. He doesn’t love the idea of carrying debt into retirement, and ...

Millions of Americans have a mortgage that is their biggest monthly expense. Wouldn't it be nice to get out of debt and eliminate such a large payment? There is good news. Today, mortgage rates fell ...

Add Yahoo as a preferred source to see more of our stories on Google. A charity said it will pay off the mortgage for the family of fallen Delaware State Police trooper Cpl. Matthew "Ty" Snook. The ...

A Florida homeowner lost her income in 2008 and still has a mortgage on her home. Now, she rents out the extra rooms in her ...

At 2am in the depths of winter last year, I was wide awake, sitting up in bed in a panic. It finally hit me just how big of a financial mess I was in.