First of all let us say if you are in the position to pay off your mortgage it is a nice platform to work from. There is not a hard and fast answer for everyone. Many financial astute advisers would say NO, NO, and NO. They reason you should actually mortgage your home as much as possible or even refinance it and take the cash out to the maximum and use those funds to invest in other more profitable areas. If, and this is a big IF, you are sure you can get a greater return (such as paying off high rate credit cards,etc) than what your Mortgage Interest Rate is then that line of thinking is great. On the other hand if you are not itemizing on your tax return and are just thinking about a unknown factor in regards to investing you might find out your best and safest investment is paying off your home. The BIG item that is always left out of the picture is the PEACE OF MIND and satisfaction you will receive when you no longer have that big mortgage payment to make each month. Ask someone who has paid off their mortgage how they FEEL about it and you will understand this train of thought. www.rateinformer.com