When you are in financial trouble, it can be difficult to decide which obligations to pay, and which to let slide. In a perfect world, of course, you wouldn’t have to make this decision. But many are finding themselves in this heart-wrenching situation — even if they made all the right moves before buying a home. The economic climate has led to a lot of reductions in income due to fewer hours, fewer benefits and even outright job loss. As emergency funds (for those who have them) run low, and as the bills pile up, which of those bills to pay becomes a matter of serious thought. One thing to consider, though, is that you should put your mortgage payment near the top of that list.>>> [Read More]
