Word: afforded
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Dates: during 1990-1999
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...Starbucks markets coffee in a specific way. They associate it with yuppies and elitists," Wu says. "But they also say that anyone can afford it. So it's democratic in that...
...they expect us to work, pay us a livingwage," Morley added. "They can afford to do that...
...Harvard wanted the best for its students, it would offer more financial aid now, rather than suck up the cut-backs. Students still pay far too much and far more than they can afford. I cannot believe how excruciatingly disingenuous Harvard is when it says that its students' "demonstrated needs" are met and that they need give no further money to financial aid--the administration forgets to mention that at the same time, it will soak up the extra money itself...
...Harvard wanted the best for its students, it would offer more financial aid now, rather than suck up the cut-backs. Students still pay far too much and far more than they can afford. I cannot believe how excruciatingly disingenuous Harvard is when it says that its students' "demonstrated needs" are met and that they need give no further money to financial aid--the administration forgets to mention that at the same time, it will soak up the extra money itself...
With rates near historic lows and jumbo rates relatively low compared to conventional mortgage rates, there's little reason to sweat this issue at the moment. Go for the jumbo if you can afford it. If you're just over the breakpoint, you could make a larger down payment to reduce your loan amount. But that money might be better spent in a stock fund. Another option is a piggyback structure, where you borrow just under the jumbo limit and take a second loan for the rest. That second mortgage comes at a hefty premium--maybe a couple of percentage...