What's your biggest expense? If you’re like most people, it’s putting a roof over your head. And it's getting more expensive.
In fact, the cost of housing is rising faster than incomes for the middle class, according to a National Housing Conference report. Renters may have the worst of it; the Wall Street Journal reports that rent has been rising for 23 consecutive quarters.
By buying a house, you have more control over rising housing costs. You won’t have to worry about a landlord raising the rent, and a fixed-rate mortgage loan guarantees the same principle-and-interest loan payment for the next 30 years.
Yes, borrowing for a home is expensive. Fortunately, with a few smart strategies, you can reduce your monthly mortgage payments and cut the overall cost of paying for your home.
Watch for the upcoming "10 Clever ways to save money on your mortgage"!
Here's the link to the 1st of 10:
In a pinch? Save money on your mortgage-modify your loan
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