MSN Money - The 3 worst money moves you can make
Aint this the truff:
MSN Money - The 3 worst money moves you can make: "Beware, homebuyers.
Beware, homebuyers. Everyone around you is conspiring against your financial best interests.
"Your real estate agent wants you to buy the most expensive house you can: the higher the price tag, the bigger her commission. Your lender is in cahoots, as well. Not only will a larger loan rack up more fees and interest, but also the lender knows you’ll move heaven and earth to pay your mortgage even when you’re falling behind on other bills..... "
Use a 25% PITI and thats where most people are comfortable.
hmph.


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