Buy a home, but do it when you're ready

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I have been in two different 30-year mortgages in my life, and I tell my kids and all their friends to learn from my mistakes. Get a 15-year or 20-year mortgage at most, and keep your payment reasonable. You will be very glad you did.

paulbrown
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Mostly agree but not when there is a housing bubble

veroperez
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That's what we did - bought when we were debt-free and ready.

jimroscovius
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Dave! Can you ask Barbara if I can move in?

danielnegrete
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I pay more than 60% of my income to housing.
And if I rented, it would be even more!

CheapsKate
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Lmao you’re on a 15 year fixed rate? Lady, please.

davidphones