Indo article on saving or paying down your mortgage

very interesting. one point however is that i have known of borrowers when flush with cash reduce their loans. then a credit squeeze arrives and they need to borrow and cannot get what they want. i can assure posters this has happened in the past. the moral of the story is to keep some for the rainy day.
 
But, according to respected personal finance commentator Brendan Burgess, the argument for paying down a lump sum on your mortgage or making monthly overpayments on your homeloan are strong.
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This makes me sound so conservative after being accused of being irresponsible in so many other threads.

It's hard to get the balance right.

Brendan
 
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