That's why I was fortunate enough to put aside enough earlier this year & fully pay off the principal on my house. My primary rationale for doing this is that I fully expect the jOker to remove the tax deduction on mortgage interest next year.
“I fully expect the jOker to remove the tax deduction on mortgage interest next year”.
...this was beilng mulled over by Congress 3 years ago. At that time they had a cap of homes valued over $350,000 would no longer get the deduction. As you know, anyone that owns a house over 350K is evil and rich. ~sarc