My fiance and I are looking at houses and the option of building a house (in MN). We are currently renting and saving up for our wedding in December. After the 1st of the year I want to start getting serious and start building equity. I try to keep up on following the market, but honestly, I am confused as all hell right now. Can someone please (in laymans terms) break down whether or not now is a good time for first time homebuyers. And also please include a brief overview of how/why mortgage rates are fluctuating and affecting the stock market? I get confused with all the "jargon".. Thanks!
Please do not post worthless websites!!
2007-09-05
06:40:00
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2 answers
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asked by
miggitymaggz
5
in
Business & Finance
➔ Renting & Real Estate