LogFAQs > #930618256

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Topic	So I guess I'm buying a house.
aDirtyShisno 11/24/19 8:23:14 AM #24:	BUMPED2002 posted... Congrats! Just make sure you get a fixed-rate mortgage! THIS IS ABSOLUTELY A MUST! Never get a variable rate mortgage. It sounds great on paper because its usually lower but it can easily go up over time and bankrupt you if your income doesnt go up to match. In the worst case scenario therell be another housing crisis and the cost of your mortgage would skyrocket. --- Que sera, sera. Whatever happens, happens. ...and he was never heard from again. <cite>aDirtyShisno posted [p:930618256] in So I guess... [t:78191098]...</cite> <quote>BUMPED2002 posted... </cite> <quote>Congrats! Just make sure you get a fixed-rate mortgage!</quote>THIS IS ABSOLUTELY A MUST! Never get a variable rate mortgage. It sounds great on paper because its usually lower but it can easily go up over time and bankrupt you if your income doesnt go up to match. In the worst case scenario therell be another housing crisis and the cost of your mortgage would skyrocket. --- Que sera, sera. Whatever happens, happens. ...and he was never heard from again.</quote> ... Copied to Clipboard!
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