Don't get me wrong. I am huge fan of the obvious, and in fact, as a quasi-journalist, I often restate the obvious. So I am pleased to inform you, based on recent study by Equifax, Moody's, Economy.com, that if you make less than $30k per year you have over a 30% chance of default or delinquency on your mortgage. Wow, that's refreshing. What is also interesting to note is that you have over a 5% chance of default or delinquency if you make $80k per year.
This just in to the Pete the Planner newsroom...the grass is green.
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