Team Member Since 2019
Thank you for visiting Beverly-Hanks & Associates website. Explore properties for sale, new home communities, relocation or meet our mortgage services team and sales associates. From start to finish, we strive to make your…Read More
Why isn’t it a good idea to pay off your mortgage?
Paying off a mortgage quickly doesn’t make a lot of financial sense, but it does give a lot of homeowners a great deal of comfort. For it to make sense for you, the investment’s annualized rate of return needs to earn more than the cost of your mortgage interest rate. With many homeowners sitting on some of the lowest rates in history, (3.5%–5.5%) it’s not hard to achieve a higher rate of return. What makes it hard is that there are few guarantees in investments. While the stock market has produced a rate of return close to 10% over the last 90 years, individual investments lose money every day. Even real estate can include risk from market conditions and lack of liquidity. Working with a professional financial planner and mortgage loan officer is the best way to achieve confidence in your personal financial goals.
970 New Haw Creek Road
One level living! Sixties solid built home waiting for you to roast marshmallows in the private back or sip chocolate by the FP. 3/2, one level liv ...
MLS# 3549674 - Under Contract-Show
Listed by Beverly-Hanks, REALTORS®
Community: Haw Creek