3 Biggest Risks of Buying a Home Right Now

Christy Bieber, The Motley Fool
·3-min read
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.