Mortgage payoff, Hi interest saving or SB Loc
Mortgage payoff, Hi interest saving or SB Loc I have a 30 yr jumbo mortgage that’s >900k outstanding and taken at 5.7% last year , if I have 100k cash, what’s the best investment option I have I) pay off my mortgage principal to reduce interest Ii) invest in a high-yield savings account, that hopefully yields close to 5%, Iii) invest in securities, and maybe take a SB-Line of credit to pay ...