Why paying off your mortgage slowly can be a good thing

http://homes.yahoo.com/news/pay-down-mortgage-slowly-024029874.html

The benefits of paying your mortgage off quickly are well documented, but what about the benefits of taking your time?

Congrats! You've signed the paperwork, dotted the i's, crossed the t's, and purchased a home. You're also now the proud owner of a 30-year mortgage that's burning a big hole in your pocketbook. Better start throwing money at the mortgage to pay it off as quickly as possible, right?

Maybe not, says Paula Pant, founder of money management website AffordAnything.com.
In fact, "putting your money to its highest and best use might involve making only your minimum mortgage payment so you can invest the rest in higher-yielding opportunities," she says.
Read on to learn more about this, and other reasons why you might want to put the brakes on paying off that mortgage too fast.

You could see a better ROI by investing your money elsewhere

Before you decide to put all of your cash flow .

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