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Wendy's original epiphany was 30 years ago. To put things in context, according to Freddy Mac December 2014's average rate for a 30 year FRM was 3.86% while January 1985's 30 year FRM rate was at 13.08%. At 1985's rate, I'd be paying my mortgage off quickly too. My current mortgage is at 3.5%. At that rate I'm really in no hurry as most investments will outperform it. But that hasn't always been the case.

That may be the case for Wendy but you don't have to look very far to find people still looking at the total interest paid from the amortization table for their mortgage and using that number as a reason to pay off their mortgage as quickly as possible.

mortgage is 2.625%
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