Are you wondering if buying makes more sense than renting especially in a time where both mortgage interest rates and inflation rates have increased significantly? Rents have continued to climb upwards since 1988 according to the census reports. Rents are much higher today than they were several years ago. Rents continue to increase and thereContinue reading “Higher interest and inflation rates… Buy or Rent?”
Tag Archives: rent or own
Is a 20% Down Payment Really Necessary To Purchase a Home?
There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the ability to afford a down payment isContinue reading “Is a 20% Down Payment Really Necessary To Purchase a Home?”
Is It Really Better To Rent Than To Own a Home Right Now?
If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward. In the past year, both currentContinue reading “Is It Really Better To Rent Than To Own a Home Right Now?”