ext_121470 ([identity profile] the0lady.livejournal.com) wrote in [personal profile] ailbhe 2009-01-07 02:06 pm (UTC)

What she said. Unless and until you actually can't meet your existing mortgage payments, your priority should be to pay off as much as you can as quickly as you can, speed being of the essence not just because interest rates are currently low, but also because it will reduce the overall amount of debt.

With interest rates and oil prices so low, it's inlikely that you are ignificantly more cash poor than this time last year, anyway, so why now?

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