millions of Americans are now spending over 50% of their income on housing according to this article from the AP available from Forbes. And just after I read this one, I happened to see breaking news on CNN that the FBI is investigating the companies we are bailing out for mortgage fraud. If you are in the market and taking advice from someone who is getting paid to sell you something make sure you protect your own interests because the FBI can't protect everyone. Buyer beware!
Don't forget to check back to Dan's Deep Creek Blog for future updates.
Tuesday, September 23, 2008
Spurred on by bad advice from people in the industry ..
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