Rent vs Buy? That is the question: Figuring Out What Option is Best for You
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Don't Buy a Home When You Have Absolutely No Money in Your Bank Account
i had literally no money in my bank account, like, not a single cent. In fact, i was in credit card debt. Got a fixed mortgage rate at about five point eight % and did it over 30 years. The day i moved in the market, i crashed, and my interest rate. And interest rates tanked,. So everyone who bought after me got an incredible low interest rate. Also, since i'm going on this tangent now, ah, don't buy a house when you have absolutely no money to put down on the house.
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