How to Choose an Affordable Mortgage

by Craig on 20/02/2011

www.cambridge-credit.org — Homeownership has long been the American Dream, and the housing boom at the turn of the century gave many individuals what seemed like the perfect opportunity to make that dream a reality. Unfortunately, a combination of exotic mortgage products and an unprepared public led to the largest housing crisis in decades. The first steps in avoiding a repeat of this awful period in our history is for prospective homebuyers to understand exactly how much house they can afford, and how much it will take to maintain ownership in the years that follow. Watch this week’s webisode from Cambridge Credit Counseling Corp. to learn more. Host: Community Outreach Director, Thomas J. Fox.

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