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Close Topic OptionsAre mortgages out of style
Are Mortgages Style - Politics, Business, Civil, History - Posted: 12th Mar, 2011 - 2:48pm
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A Financial Blog
Post Date: 11th Mar, 2011 - 4:02pm / Post ID: #
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Are mortgages out of style
Are mortgages out of style
Mortgage / Home Buyer News
Realty brokers are quick to observe that in today's housing markets, "Cash is king."
In fact, given the rise in the proportion of all-cash home purchases, it might be fair to say cash is not only king, but the whole royal family.
During the housing boom, buyers wanted no-money-down mortgages, which allowed them to buy homes with Source: Bankrate.com » Mortgages
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style out mortgages Are
In today's economy, cash is definitely king. Unfortunately, we cannot longer trust that costumers would be able to afford a monthly mortgage when they are not able to get proper jobs that will allow them to pay the bills in such unstable economy.
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TOPIC: Are mortgages out of style