Answering Your Top Housing Questions
Smart Money Happy Hour with Rachel Cruze and George Kamel
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The Realities of Homeownership
This chapter explores the concept of house hopping and its financial implications, advocating for viewing home buying as a long-term investment. It discusses prudent mortgage strategies, emphasizing a 25% income limit for mortgage payments and promoting the 15-year fixed rate mortgage. Additionally, personal anecdotes about home maintenance challenges and quirky decor choices provide a relatable glimpse into the responsibilities of owning a home.
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