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.

This entry was posted on Friday, July 31st, 2009 at 3:00 pm and is filed under Cincinnati Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.