Video Tips
Who Should — And Should Not — Be Paying Down Their Mortgage
July 31, 2009 by James K Barath, CMPS · Leave a Comment
Financial advice is rarely one-size-fits-all, but this interview with Suze Orman is worth a watch.
In 5 minutes with NBC’s The Today Show, Ms. Orman covers a ton of relevant ground for homeowners and the public-at-large:
* Who should — and shouldn’t — be paying down their mortgage
* What backlash to expect from the Dow’s 40% run-up since March
* Why July 2009 is so different of an environment from July 2008
Then, as a bonus, Orman explains the relationship between bond prices to bond yields. It’s the heart of why mortgage rates rise when inflation is present.
A lot of what Orman talks about is spot-on, but that doesn’t necessarily make it appropriate for your individual situation. Before acting on Orman’s opinions, talk to your financial professional first.
About the Author: James K Barath is a Certified Mortgage Planning Specialist, qualified liability advisor and your FHA Home Loan Expert. He is also a graduate of Purdue University, The CMPS Institute, Dale Carnegie Human Relations Course & Napoleon Hill Foundation's PMA Science of Success Class. It's your home and your future. It's his profession and his passion. He is ready to work for your best interest. Contact James Barath today for your Borrow Smart Analysis - the CALM Approach to Borrowing ! His Motto: I Facilitate the American Dream Through Responsible Mortgage Lending and Financial Literacy! 