Monday, May 12, 2008

5 New Rules for Home Buyers

By Amanda Gengler, Money Magazine
Last Updated: May 12, 2008: 12:39 PM EDT

(Money Magazine) -- There's no telling how long the housing crisis will drag on. Here's what you need to know before you start shopping in a rocky market.

Rule 1: You can't time the bottom
Rule 2: One reason to buy now - mortgage rates
Rule 3: Another reason to buy - rates on big mortgages
Rule 4: Don't buy cheap; buy good schools
Rule 5: Make sure your agent has your interest at heart

See the complete article here at

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