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3 Biggest Risks of Buying a Home Right Now

3 Biggest Risks of Buying a Home Right Now

There's a good reason to consider purchasing a new home right now -- mortgage rates are currently near record lows, so you may be able to borrow for your house at a more affordable rate than ever before. In particular, there are three big risks you need to be aware of to make an informed choice. During a prolonged period of unemployment, it would likely be difficult to continue making your mortgage payments.