The American Dream - 04/16/11 01:32 PM
Heavy analysis and statistics state that the standard homeowner will not remain in the same house all of their lives, but rather they will move out within seven years, or perhaps move every seven years. The idea is to save enough money for a down payment on that first house, and then proceed to live the American dream. Interest rates are quite low now, which is to say they are as low as they have ever been, and it has been noted that rates are as low as five percent on a fifteen year mortgage.
Many new homebuyers come right … (2 comments)

 

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