Mortgages

Laurie and I have started looking for a place to live, preferably a house.

Buying a house, of course, means we would have to get a mortgage. Right now I know that the lenders are being more strict with the people who are allowed to get a mortgage, and the amount of money that you have to put down on the mortgage has gone back to its historical norm after being at record lows for the last several years.

But I have also noticed that the Federal Reserve Bank keeps cutting their interest rates, which means that eventually mortgage interest rates will follow, and hopefully make mortgage payments more affordable in the foreseeable future.

If you are looking for more information about Mortgages click that link, and you will go to a free mortgage quote service.