Northern Virginia Real Estate

Why I Don’t Regret Paying Off Our Mortgage Last Year

by

Last year, on April Fool’s Day, we paid off our mortgage. Was it foolish to pay off a 2.0% interest rate mortgage instead of investing in the stock market? Being immersed in the personal finance world, I know what the conventional wisdom says to do. Expected returns in the stock market are far greater than … Read more

Is This Interest Rate Meme Really True? Let’s Do A Quick Analysis

by

This meme about interest rates has been circulating around social media, at least among my real estate contacts. Don’t believe everything you see on the internet. Let’s do some analysis and see if there’s any truth to this meme. It suggests that paying a 7% interest rate at $30k under list price is better than … Read more