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 Archive2019-02-21 11:58:34
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Millionaire To Millennials: Don’t Get Stuck Renting A Home… Buy One!
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Thinking of Selling Your House in Idaho Falls? This is a Perfect Time!
The Cindy Bates Group is Here for You!
Why you Shouldn't FSBO
Why It Makes No Sense to Wait for Spring to Sell
Whose Mortgage Do You Want to Pay? Yours or Your Landlord’s?
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Idaho Falls, Do You Know How Much Your Home Has Increased in Value?
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Think You Should For Sale By Owner? Think Again!
3 Things You Need in a Shifting Real Estate Market
Do You Prefer the Charm of an Existing Home?
Buying a Home Young is the Key to Building Wealth
The Difference Having a Professional on Your Side Makes
What is the Cost of Waiting Until Next Year to Buy?
Where is the Housing Market Headed in 2019?
Is the Recent Dip in Interest Rates Here to Stay?
Tax Time is Upon Us
Buying a House This Year? This Should Be Your 1st Step!
Homeownership Remains a Huge Part of the American Dream
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