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Do you think people with mortgage debt should continue to be categorized as someone with major cc/auto etc debt.
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absolutely your mortgage should be considered as debt.
if you want to borrow money for anything, the bank looks at ALL your debt... not all your debt minus your mortgage.
i would imagine that for most people their mortgage payments would be the largest of all their regular monthly payments
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This was all spurred because according to the study in the other thread most people between 18-24 feel they will be debt free by 32.
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...ha - i bet most of those 18-24 year-olds still live in their parents basements!
