My Mortgage Pro Ashley

Paulson: Buying a house still best investment
www.cnbc.com - "Today financing costs are extraordinarily low. You can get a 30-year mortgage somewhere around 4.5 percent. And if you put down, let's say, 10 percent and the house is up 5 percent, which is the latest data, then you would be up 50 percent on your investment," hedge fund manager Paulson explained. "And you've locked in the cost over the next 30 years. And today the cost of owning is somewhat less than the cost of renting. And if you rent, the rent goes up every year. But if you buy a 30-year mortgage, the cost is fixed."

CNBC US Home Get latest business news on stock markets, financial & earnings on CNBC. View world markets streaming charts & video; check stock tickers and quotes.

I love this, it's so me!!

Is your lender having trouble meeting your contract date? Give us a call, we'll get it closed for you no problem!

My Mortgage Pro Ashley www.MyMortgageProAshley.com

A little Friday mortgage humor. Have a great weekend!

Thinking of selling your home? I suggest you use a Realtor (if you need any recommendations, please let me know). Don't just take my word for it though, this quote comes directly from FannieMae's website.

Did you know a homeowner's net worth is 45.9 times that of a renter's? If you feel like you're throwing your rent money down the toilet and are ready to look at buying, I'd love to help you get preapproved.