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From: wb@gamma.UUCP (Bill Beblo)
Newsgroups: net.invest
Subject: Re: Mortgage payments question
Message-ID: <690@gamma.UUCP>
Date: Mon, 24-Sep-84 22:31:36 EDT
Article-I.D.: gamma.690
Posted: Mon Sep 24 22:31:36 1984
Date-Received: Wed, 26-Sep-84 07:34:06 EDT
References: <760@opus.UUCP>
Organization: BELLCORE, Murray Hill, NJ
Lines: 8

A not so recent article in Changing Times magazine dealt
specifically with this question.  Although there are always
exceptions, the article concluded that prepaying a
mortgage was roughly equivalent to investing that perpayment
at the mortgage rate.  In other words, if you can find an 
investment with a yield higher than your mortgage rate you'd
probably be better off putting your money there rather than
prepaying your mortgage.