12-04-2012, 05:25 PM
Right, but if you have a $320k mortgage ($400-80) and your house is only worth $200, plus you are out of a job, you may not be able to keep making the payments until things get better.
When I was fairly certain I was going to lose my job, I paid for mortgage insurance for a while (the type where they pay your mortgage for 6 months if you lose your job). But really...6 months is nothing in a major recession or depression. So I dropped it (and luckily hung onto my job, at least so far...)
When I was fairly certain I was going to lose my job, I paid for mortgage insurance for a while (the type where they pay your mortgage for 6 months if you lose your job). But really...6 months is nothing in a major recession or depression. So I dropped it (and luckily hung onto my job, at least so far...)
Ex SWG, L2, CoH, Wow, and War
Currently PvPing in the stock market
Currently PvPing in the stock market