I couldn't believe my eyes reading that home mortgage thread. So many of you believe that keeping your mortgage for 20-30-40 years is a smart thing to do. You are foolish. I am sorry but all of you who believe that your Job/Business is guaranteed to last and therefore you are guaranteed to hold the mortgage for 20-30-40 years You are not bright in my opinion. Not to mention you can get sick and lose ability to work. And whole lot of other things that can happen. And your bank is counting on that to eventually take your home. You clueless masses. You think your Bank is your friend. To make matters even worse, so many of you buy your homes completely out of your price range. You can afford lets say 150 k home. Yet you buy 250 k home. How f-in ridiculous.