No. of Recommendations: 0
Oops ... lets try without message formatting :-)



I agree with everything said so far and want to add one more point. I know that mortgage rates are really low right now. I just got out of debt and really want to buy also, but there are really a few other things that I should do first.

Just like investing, don't worry about getting in at the exact bottom, just try to get a good deal. Personally, I doubt that anything is going to substatnially change in the Prime Rate in the next year or two (as long as Alan Greenspan is alive :-).

Good Luck and Fool On!

P.S. I decided to rent for a little longer and then try to buy once I have a few other financial things under control. Learn how to budget!
Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.