Not exact matches
There also are no
mortgage insurance costs, and the rates and
payments for the life of the loan are
very affordable.
As it was just simply way too much house and not what we wanted for ourselves anyway (and, actually, being stuck with the entire,
very expensive
mortgage payment was not an option), we opted to strategically default and put it on the market as a short sale after being denied a loan modification that might've made it
affordable for us to stay.
Today's low
mortgage interest rates can make homeownership look
very affordable, but remember that the monthly
payment is just the beginning.
«Thanks to
very low
mortgage rates, monthly
mortgage payments are
affordable for the average household despite currently high house prices,» says Sean Becketti, chief economist at Freddie Mac.