Pros and cons of mortgages vs. paying cash.
With mortgage interest rates still as low as they are, paying cash for a house should not be first on your list of financial priorities. Saving for retirement, building adequate emergency savings and paying off higher interest debt almost always take precedence.
That said, if you have the means to pay cash for a home, there are situations when buying your house outright is the way to go.
http://flip.it/G5PPcThat said, if you have the means to pay cash for a home, there are situations when buying your house outright is the way to go.
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