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Message: <blockquote data-quote="retrieverman" data-source="post: 3796492" data-attributes="member: 24452"><p>The only things I owe on are my house in OK and my daughter’s Jeep.  My loan on my house has a fixed interest rate for 5 years, and then the loan is refinanced at whatever the current rate is.  With rates going up like they are, I’m throwing money at my loan to pay it off before it’s refinance time.  I’ve actually got the money to pay it off now but don’t want to cash strap myself.  When I bought my house up there 3 years ago, I used my local bank here in TX, and because the property is out of state, they required me to use my place here as collateral.  So paying off that loan would free up both my houses.</p></blockquote><p></p>