Buying a Home
We all like the peace of mind and security that we are living in our very own home. However, along with that comes responsibility. Instead of just having rent, you will now have maintenance, rates, and house insurance to budget for.
Mortgages, although a fact of everyday life for the vast majority of people, do constitute a major debt. Those who have a mortgage may not always have the resources to cover their loan repayments in the event of an interruption to their income for any reason.