Bernanke: Interest Rates Won't Go Up Until...
[X-posted at BaSH]
Pay Attention: Bernanke Just Told You Interest Rates WonÃ¯Â¿Â½t Go Up Until...
2012 (or later... even MUCH later...)
Got that? The FOMC needs to figure out how to tell the market that it is going to keep interest rates lower for "longer than markets expect."
If you wish to retire as much debt as possible, *NOW* is the time to exploit the dirt-cheap variable interest rate loans, and apply the savings either to principal or (preferably) your secured Mortgage Freedom Accounts.
Paying interest premiums for rate protection in the coming 3-5+ years is likely good money flushed down the tubes.
Here is a link that might be useful: Pay Attention: Bernanke Just Told You Interest Rates Wonï¿½t Go Up Until...