Mortgaging Your Future 

Practically every homeowner has a mortgage in one form or another. That doesn’t mean each and every one of them first blanched at the idea of going hundreds of thousands of dollars in debt on their first home purchase. This is a natural fear. If you are experiencing it, don’t focus on the overall amount borrowed. Instead, focus on the monthly payment. Then think about what you would be paying in rent instead. With rent, you will never get a penny back whereas with a mortgage, you actually will accumulate wealth. In short, don’t let the fear overtake you.

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