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In other buildings, the boards have raised capital to pay off mortgages by selling their retail space.
If we don't solve this problem, paying off mortgages will be the least of our worries.
They are at work paying off mortgages, loans and the debt generated by bankers.
Homeowners can pay off mortgages backing the securities in advance, and they are more likely to do that when interest rates fall.
And after having paid off mortgages and tuition, they have more disposable income.
With debt levels already high, many economists say consumers will soon begin to reduce their spending to pay off mortgages and credit card bills.
A dying man and his family are again facing eviction from their home after failing to raise the money to pay off mortgage arrears.
The Harrises were given two weeks to pay off mortgage arrears of £8,000.
It says people in finacial trouble should not take out loans at high interest to pay off mortgage arrears.
The Economy The prohibition of penalties for paying off mortgages early raises the loans' costs, housing finance experts say.
The insurers, which pay off mortgages that default, charge much higher premiums on mortgages in areas they deem to be high risk.
Why would anyone strive to pay off mortgage debt (the bulk of debt) when it is being subsidised by negative real interest rates?
And, actually, this past week Astoria Federal put a new settlement proposal on the table, one that would pay off mortgages and partly refund principal.
Lawyers said the plan was legal and that to achieve a trade, both parties would have to pay off mortgages and establish new financing for the switch.
A third initiative would allow poor families to use their Government-provided rental vouchers to pay off mortgages should they seek to own their own homes.
That means more workers and lots of overtime, which pleases many workers eager to pay off mortgages, boats and debts accumulated during the lean years.
The inevitable upshot has been a break-neck rush to refinance - that is, to pay off mortgages and replace them with loans carrying lower interest rates.
So all the homeowners who never pay off mortgages early, because they did not move or refinance, wind up paying for a benefit they do not use.
After working all their lives to pay off mortgages and retire in relative comfort, higher taxes virtually confiscate their houses and they are forced to leave.
Mortgage burning is a twentieth-century American custom that is the ritual burning of a paid off mortgage document by homeowners.
So are calculators to help consumers determine whether to refinance and to estimate monthly payments, loan amortization and cost savings from paying off mortgages early.
Even where buildings with such financing are owned cooperatively, resident-owners are choosing to pay off mortgages and sell their apartments for what the traffic will bear.
But smart as he was, he forgot to add, "And whatever else you do, don't brag about that paid off mortgage when you do make it big.
The Your Money column on Saturday, about whether to pay off mortgage debt early, included an incorrect calculation in an example of tax treatment of mortgage interest.
Not all middle aged people have loads to spare, divorce for example leaves many with far fewer assets and trying to pay off mortgages as their parents hit their 80s.