To Pay Off a Mortgage Early Or Not
Experts advise most people should not pay off a mortgage early, citing opportunity costs and tax effects. Peace of mind is the main benefit, but funds used to pay off may yield higher returns elsewhere, especially if alternative investments beat the loan rate. For older, fixed-income retirees the inflation argument is weaker.
MENTIONED IN THIS ARTICLE
Robert Wills
Bowery Savings Bank
New York
Wills
Richard Ribble
Home Savings and Loan Association
Los Angeles
Ribble
Phil McGee
First National Bank of Chicago
McGee
Wharton Forecast Says Recovery Likely To Hold
A Wharton School forecast led by Lawrence Klein predicts the U S economy will remain on a strong recovery for about a year or more under any President, with inflation edging up as unemployment falls to about 6 1 percent by end of 1977. The model remains apolitical though its implications may favor Republicans.
MENTIONED IN THIS ARTICLE
New York
Ford
Jimmy Carter
Wharton School
Lawrence Klein
Carter
United States
Wharton Team
Wharton
Klein
Arkenites Receive USC Scholarships for 1976 77 Term
Columbia Penny Bagwell and James Walsh have earned University of South Carolina scholarships for the 1976 77 term. Penny Bagwell receives the Peabody Education Scholarship for undergraduate education majors. Walsh wins the Winn Dixie Junior Senior Scholarship.
MENTIONED IN THIS ARTICLE
Columbia
Penny Bagwell
James Walsh
University of South Carolina
Penny
Peabody Education
Walsh
Winn-Dixie
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Mustard Seed Faith
Living Room
Calvary Chapel
Costa Mesa
Calif
Europe
By John Dorfman
University of Pennsylvania
Federal Reserve Board
Arkenites
USC
Friedman's Jewelers Ones
Laurens
Scottie
Reaches
Lovely Nat
Aiken, S.C
Allen W Kirchner
Hayne Avenue
S. W
Aiken
South Carolina
North Augusta
Whiskey Road
Hwy
S.C
HIND
W. T. Grant CO
BRAS
Ladies & Girls
Tampar
Kodacolor
Eee
Quaker State
H.D. Li
Atyn
Jackson Bros
Bie Choice
Rich Plaza
Pine Log
Thal