It was bound to happen sometime. You’ve spent years living in your home building memories with your family, watching the kids grow up. But now they’ve all moved out and you have noticed the house feels big. And empty.
It was bound to happen someday. It’s Sunday again, and you’re cleaning empty bedrooms and wondering why you spend your time this way these days. The kids have moved out, and the house is starting to feel too big.
Having debt of any kind is normal for anyone, and that includes today's home buyer. Credit cards, lines of credit, auto loans, they’re all commonplace in a typical household. But how much debt is too much, and will it affect your mortgage qualification?