Tuesday, June 24, 2008

In her Monday blog post on foreclosures, what did Carmen Wong Ulrich say "matters most"?


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Squawk on the Street

In her Monday blog post on foreclosures, what did Carmen Wong Ulrich say "matters most"?

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In her Monday blog post on foreclosures, what did Carmen Wong Ulrich say "matters most"?

Foreclosure Fight: We're In It Together

Here's what matters most: As I've said before, the rule of thumb that will serve in boom times and bad is to keep housing expenses including taxes, insurance, and mortgage payments at or below 30% of your monthly take-home pay. A few years ago, I was called conservative for sticking to this but semi-conservativeness is what protects you when the bottom falls out—and it always will at some point.






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