Burden Of An Adult | Ramblings of an e-trader

Tuesday, 6 November 2007

Burden Of An Adult

It looks like mortgage is a responsibility that adults cannot escape from. There are no two ways about it if we want to own a home. According to my sister, a mortgage is very burdensome and it is scary to think of a 30-year mortgage. That's almost half a lifetime!

However, if and when we do have a home in our name, it could be a very fulfilling achievement. Although many people are homeowners, there are still many who never had the chance to own a home.

It could be a very daunting experience for first time homeowners. Many commit themselves to a mortgage that is not that attractive and end up seeking remortgages when the interest rates fall. I think that it would be a wise move only if savings in time and money is significant.

Before I myself commit to a long term home loan, I thought I would check out the industry news from http://www.ukpersonalloanstore.co.uk first. of course, I did check a few other resource site as well since we can never have enough of knowledge!

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