Interesting article about today's homeowners choosing a 15 year mortgage over 30. Homeowners are willing to let go purchasing other things and focusing on paying down their mortgage. If you currently have a 30 year mortgage with a low interest rate and don't want to refinance, use a mortgage calculate (bankrate.com my favorite site for calculators). Apply $50 or $100/month towards the principal and see how quickly you can pay off your home and how much you would save. If you are going to stay in your home for a long time - it is worth it!