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Old 11-28-2005, 10:56 AM
VJW VJW is offline
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Default Re: Should I buy a house???

Quote:
Originally Posted by Fern
Everyone here had good comments to make. I am no expert, but my gut reaction is that you are not ready to buy a house.
Normally, I would agree completely, but given the rising interest rate environment, by the time he has saved for a down payment, interest rates may be prohibitively higher and shut him out of an affordable mortgage.

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