I'm receiving 1.4% on my 401K funds in cash reserves and 0.9% for normal/accessible savings in a corporate money market fund. The local bank 5 year CD is a miserly 0.75%. Suspect that you aren't doing much if any better. Yet you are paying 3.25% on the borrowed funds. If your job is secure and the savings isn't intended to further your education or provide better employment opportunities, also assuming you don't anticipate the need to increse your debt, I would strongly consider applying a good portion of it to the current low interest mortgage.
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Today's Featured Article - Show Coverage: Argyle and Mt. Pleasant Labor Day Weekend Shows - by Cindy Ladage. The last fling before summer fades into fall and we get busy in the fields are the annual Labor Day tractor shows. Beginning on September 5th and running through the 7th, the Argyle Antique Gas and Engine Show is held at the Argyle State Park. Located in West Central Illinois, the pine forest was the setting for the opening of the 22nd show. This year we decided to try to sell a few tractor parts, literature and wrenches to offset my husband's buying sprees. Saturday
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