Today's Economy

If you have been reading the blog posts for the past few days, you remember me talking about saving, creating a budget, the importance of having excellent credit scores, and having the right mortgage. With the condition of today's economy, it is critical to have a financial plan for you and your family. In regards to saving, many experts now are saying that you need to have 9 to 12 months saved for monthly expenses instead of the usual 3 to 6 months. Again, a way to save is to create a budget and account for every dollar that is being spent on a monthly basis. Over the last few months, the housing market has changed tremendously. With that being said, it is important to work on your credit scores to get that excellent credit. If you are not doing so, start paying your bills on time and pay down debt. Last but not least, it is imperative to have the right mortgage. If you have an adjustable rate mortgage and your payments are increasing, now is the time to refinance to a fixed rate mortgage. CALL EDJ TODAY!!! If you are looking to buy or sell a home, CALL EDJ TODAY!!!

If you have any questions or comments, please contact Edmond Donte' James at 832-647-1769 or 1-877-469-3353 or email me at donte@RealEstateByEDJ.com.