Aggressive mortgage payments vs diversify? TL;DR 6.5% mortgage interest rate, 29 years left on a house that’s a money pit; should I pay down mortgage aggressively?
Aggressive mortgage payments vs diversify? TL;DR 6.5% mortgage interest rate, 29 years left on a house that's a money pit; should I pay down mortgage aggressively? My partner and I bought a house last year with a 30-year 6.5% mortgage (5% down payment with PMI)...29 years left on the mortgage. We knew the house needed TLC/updating, but were informed of no urgent issues. We recently had multiple roof leaks, found out that we bought a lemon and had to borrow heavily from family and empty our bank account to ...