Wednesday, March 26, 2008

How To Save Your Home

by Neil Jenman The word 'mortgage' is French in origin. It means to make a pledge upon which your life depends - or, literally, an agreement until death. In today's debt heavy world a mortgage really has one of two meanings. Either you destroy (kill) it or it destroys (kills) you. Around one million Australians are now suffering the most talked-about 'material disease' of today - mortgage stress. The symptom of mortgage stress is a mortgage payment which is more than thirty per cent of your net income....(read more)

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[Source: Australian Real Estate Blog]

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