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Frightening Statistic

October 5th, 2006 at 03:18 am

I was listening to National Public Radio today nad they said that out of all of the homes in the United States only about 2 or 3 percent are owned outright. By this I took it to mean that these houses were mortgage free. Wow.

Nothing much is happening finance wise. I was able to add 11.00 to the computer Fund bringing it to a grand total of 40.00. I am hoping to make it 50.00 by the end of the week. We'll see.

3 Responses to “Frightening Statistic”

  1. Broken Arrow Says:

    That IS frightening.

    I absolutely do not intend to drag out a mortgage any longer than it needs to be. Even if that means scaling down to a condo or a small cottage, and paying with no less than 20% down. I WILL do just that... when I get to that point. Big Grin

  2. sarah Says:

    I'm with you

  3. Ima saver Says:

    Wow, that is low. I thought everyone got their houses paid off by the time they retired. Guess I am in that 2%

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