Posts Tagged ‘CPI’

Stay Above the Median

// August 6th, 2010 // 5 Comments » // Uncategorized

I’m planning on buying a house with my wife in the (near?) future and we’re in the learning phase of mortgages, financing, PMI, debt-to-income ratios, points, taxes, blah blah blah.  It sounds exhausting doesn’t it?

Through the process I’ve thought to myself, maybe we should wait and put 20% down.  Then we can get a fixer-upper1, save on things like private mortgage insurance2, and probably get better rates from a wider variety of lenders.

That’s a lot of coin, though.  No matter how you dice it.
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