Greg,
You know I agree with you... It took me a while to convince the Wife a few years back. When the rates were 4.6%, I told her no paying the house off, no paying early, and no extra payments..
Now she is Investment smart and totally gets it...So I don't have to convince her anymore..
Only if the rates were like in the 1990's would I consider a Paid for home...Rates in the double digits..But now ? It is a no brainer...
A new 30 year fixed at 3.75%....My Wife is totally on board with going full term..
My Sister ? The opposite...She paid it off and then could not cash out money to invest when the rates went down...She is stuck ...No Liquidity.
High Credit card debt, and Student Loans...I gave up giving advise that she won't listen to and tells me she knows what she is doing..
Did I mention her Investment advisor is Chase at 1.4% with all Chase Investments ?