Should I pay down my mortgage or buy shares today?
1 Articles
1 Articles
Should I pay down my mortgage or buy shares today?
Australians looking to improve their financial position may be wondering where to spend their hard-earned dollars. Two viable options are to pay down the mortgage or buy shares. Mortgage vs shares During the pandemic, average mortgage rates in Australia reached record lows, with many lenders offering loans as low as 2%. During this environment, it made little sense to pay down the mortgage as quickly as possible. However, mortgage rates have ri…
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