If you want to really play it safe, pay down the LOC first.
If you want to gamble a bit on how slowly interest rates get ramped up in 2010 then make extra payments on the mortgage.
In the end, I suspect the difference in the two strategies is probably relatively small so long as you keep up your excellent savings rate.
If you want to gamble a bit on how slowly interest rates get ramped up in 2010 then make extra payments on the mortgage.
In the end, I suspect the difference in the two strategies is probably relatively small so long as you keep up your excellent savings rate.