If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

The current housing market being what it is, the idea of buying a new home can get pretty scary. I know this tells you how old I am, but back when my parents bought a house, they never even dreamed of taking out a loan to pay for it. Back then, Mortgages were available, I suppose, but most people just saved and pinched pennies till they could afford to buy. But, in my lifetime, the world has changed a lot. These days if you were to save till you could afford it, and let the money sit in the bank getting taxed every year, you’d never make it. Still, one must be careful. Fixed rate mortgages are available, and are much better, as many people are finding out, than ones with interest rates that can change at the drop of a hat.

If you enjoyed this post, make sure you subscribe to my RSS feed!

This entry was posted on Friday, March 14th, 2008 at 1:01 pm and is filed under The Wayward Winds. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.