Buying real estate can be a valuable investment. Unless you are living somewhere for free, you are paying rent-which we all know is just money downthe drain. So if you are able to be approved for a mortgage, then the smartest thing you can do is put that money towards home ownership.
Some of you may feel that some of the current world economics make that an impossible goal; however, if you are dedicated to keeping a great credit score, or even just dedicate the next 6 months to improving upon the score you have, you will be able to find extremely reasonable mortgage rates
that will enable you to afford a home of your own.