Amy, it depends. Yes, I said it "it depends" - people are in different aspects of their lives - the same answer may not be relevant for everyone. I say this because for some, it's not a good time .... for others, it is a good time ... and yet for others, it's a wash. Of course, this doesn't answer your question, but I suggest you sit down with a financial planner and look at your life goals, your job, your age to retirement, any possibility of shifting jobs/markets, and a whole host of other nebulous things. I'm happy to refer you to some planners in the Boston area, if you need them. I'm trying to convince you one way or the other - it's all about what's the "best fit" for you and "for you NOW". I'm not here to sell you anything, but only to try to give you the best advice I can, based on the situation and your circumstances.
Associate Broker, ZipRealty, Inc.