Originally Posted by AR_Six
You think something I can get out of, in case interest rates change? Difference between into a 3 year thing at 2.75% vs. 2%. I guess the difference is so minimal it's not worthwhile.
I'm not sure what's available up there in terms of "high rate" savings accounts, etc. I think, for the purpose you've described, it'll be all about how much you can save vs. the return on your savings. If the timeline was longer, or the amount magnitudes more, maybe a different story.
FWIW, we continue to save for our dream house, hoping the RE market will be in a position we can upgrade Q4 of 2013 or so. We've got a substantial amount of cash and are getting next to zip on the % because we do not want to erode the nut. The market is so crazy, just can't risk principal for a planned purchase in the next few years.