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VIDEO : Who Should — And Should Not — Be Paying Down Their Mortgage

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.

Scott Kinne

Contact Scott

Vice President, Senior Loan Officer
NMLS ID #182351
Office: 703.293.6146
Mobile: 571.237.6241
Fax: 571.317.2478
skinne@fhmtg.com

Licensed In Maryland, Virginia, Washington D.C., West Virginia
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First Heritage Mortgage, LLC, Company NMLS ID #86548

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3201 Jermantown Road
Suite 800
Fairfax, VA 22030
Business: 703-293-6146
Cellphone: 571-237-6241

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