Custom Nitro

A friend of mine recently got married. He and his wife applied for a loan so they could get into a new house and they were quickly approved. With all of the interest rates going up for loans and mortgages, I think they should have stayed in their apartment for a little while longer. They only pay $450 a month for rent, which is a steal anywhere else. They could be putting the money back for a couple of years so they wouldnt need such a hefty loan. He makes good money so they would be fine staying in their apartment for now and putting money back. His parents almost lost their house while they were still making payments on a remortgage a few years ago, but luckily they had mortgage payment protection. If youre thinking about applying for a loan or mortgage, be sure you fully understand the terms and conditions.