The moral of the story is ...
The moral of the story is ... stay in your budget! Chief Economist, Lawrence Yun, recently spoke to the North Carolina Association of Realtors at The Greenbriar. One of his very astute points was low and no down payment loans did NOT cause the loan crisis. It is not about down payment it is about staying within your budget. After WW-II millions of no down payment loans were made to veterans and we did not have a mortgage crisis.See my other blog posts with Lawrence Yun videos from the North Carolina Real Estate Convention at the Greenbrier 2011
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Kathryn Gorham | Sun-Surf Realty | Emerald Isle North Carolina
www.KathrynGorham.com
2010 President Women's Council of REALTORS® Crystal Coast Chapter
2010 Carteret County REALTOR® of the Year
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Copyright © 2011 by Kathryn Gorham, All Rights Reserved. Permission granted to re-blog or re-print with the stipulations that you do not alter the original content and that you provide a link back to this article in the re-blog or re-print. First printed at http://kathryngorham.com/emeraldislecarolinablog this article...The moral of the story is...
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