What is holding people back from making a commitment to a mortgage?

Question

What is holding people back from making a commitment to a mortgage?

Answer 1

In addition, the economy is very volatile, and noone has job security.

Answer 2

Finances, they can't afford it.  Maybe they like moving around and don't want to settle in one place.

Answer 3

hello, have you been watching tv. all those companies that promised low or no down payments and then slammed baloon payments on the people. everyone is losing their houses and the rest of us don't want it happening to us.

Answer 4

hello Nana, hope things now are going well for you and yours... I'm so sorry...about lady ! i haven't been on for a while and i got on a week or so ago and saw that and my jaw literally hit the floor! i didn't have any way to contact you! again i hope things are a lil better......back to the question....i think ppl. have trouble now because, homes are a dime a dozen and commit one self for 30 years for one home like trying to commit in marriage a dime a dozen... it seems we are to selfish to think of  30years we live from minute- minute  its sad..really

Answer 5

One word - CREDIT.

Actually, add another word to the first one, problems.