Posts tagged ‘mortgage’

Housing Should Comprise Less Than 30% of Your Gross or Net Income?

At some point in my adult life, I learned this rule of thumb: The monthly cost of housing (that is, rent or mortgage) should comprise less…

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Understanding the American Sub-Prime Crisis

You’ve no doubt heard about the American sub-prime mortgage crisis, its impact on the American and global economies, and the dreary outlook for 2008. I’m certainly…

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How to Get an Islamic Mortgage

I thought this was interesting. Apparently Islam forbids usury. From the BBC article where I read about the whole deal: In the eyes of Islamic scholars,…

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