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Buy a house? In this economy?
Today, Explained
Rules for Home Buyers
Avoid buying a home until all debts are cleared, including student loans, medical debt, and credit card debt. Owning a home with existing debts will lead to financial strain when unexpected expenses arise. Additionally, opt for a 15-year mortgage instead of a 30-year one to ensure the payment is a reasonable percentage of your income and aim to pay off the house quickly.
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