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.

Related posts:

• VIDEO : How Do I Prioritize Paying Monthly Bills Versus Saving For Retirement?
• Household Finances : Which Bills Should I Pay First?
• Should Joint Homeowners Have Separate Bank Accounts?
• The Simple Math Of How Mortgage Rates Are Born
• The Impact Of Falling Oil Prices On Mortgage Rates

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