housing
So I figured I would rent for a year while the housing market keeps heading down. But, the lending rate is going up, so when I go to get a mortgage, I'll have a higher interest rate even with stellar credit, and end up having to pay just as much in the end. I'll have to pay less for the house, and more in interest. So I might wait another year and keep renting through the predicted recession in 2008 and 2009. I don't know what will happen in the future, but I think I should keep renting for now.