What’s a mortgage?
We bought a house we could afford. Yeah, it needed some work (still does) but it’s paid for, the vehicles are paid for, no credit card debt....
Even with reduced interest rates, when you pay off a mortgage, you’re still paying the bank money to borrow theirs and you’re still paying more for the house than it’s worth, in interest payments.
If mr. mm ever loses his job, we don’t have to worry about missing the payments.
Know what you mean, mines been paid for for almost 20 years.
I learned the hard way. Lost one in the 80s, before the gubmint starting paying them off, when the bottom fell out of the oilfield here.