Rent or Buy: Either Way You’re Paying A Mortgage!
There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.
As Entrepreneur Magazine, a premier source for small business explained in their article, “12 Practical Steps to Getting Rich”:
As an owner, your mortgage payment is a form of ‘forced savings’ which allows you to build equity in your home that you can tap into later in life. As a renter, you guarantee the landlord is the person building that equity.
Interest rates are still at historic lows, making it one of the best times to secure a mortgage and make a move into your dream home. Freddie Mac’s latest report shows that rates across the country were at 4.51% last week.
Whether you are looking for a primary residence for the first time or are considering a vacation home on the shore, now may be the time to buy.
Blog Archive2018-12-11 11:01:29
How to Simply Increase Your Family Wealth by Paying for Housing
What If I Wait A Year to Buy a Home?
The Tale of Two Markets
Try Just One More Time
Where Are Interest Rates Headed in 2019?
Homeowners Aged 65+ Have 48x More Net Worth Than Renters
4 Reasons to Buy A Home This Winter!
7 Items to Check Before the Big Freeze
Further Proof It’s NOT 2008 All Over Again
24% of Renters Believe Winter is the Best Time to Buy a Home
The #1 Reason to Not Wait Until Spring to Sell Your House
Buyers: Don’t Be Surprised by Closing Costs!
3 Things Homeowners Are Thankful For
Females Are Making It a Priority to Invest in Real Estate!
7 Reasons to List Your House For Sale This Holiday Season
The Cost of Renting vs. Buying a Home
Home Sellers in Q3 Netted $61K at Resale
How to Honor a Veteran Today and Everyday
Highlights From This Month's Update
75% of Renters Have Been Misinformed
Why Has Housing Supply Increased as Sales Have Slowed Down?
2 Myths Holding Back Home Buyers
Are We Heading Towards Another Housing Bubble?
How Will Home Sales Measure Up Next Year?
Taking Fear Out of the Mortgage Process
Click here to see ALL articles.