Renting or Buying…Either Way, You’re Paying Someone’s Mortgage

Renting or Buying… Either Way, You’re Paying Someone’s Mortgage

Renting or Buying… Either Way, You’re Paying Someone’s Mortgage [featured-img][mashshare] [foobar] There are some people who have not purchased homes yet because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize 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 ...
Buying Remains Cheaper Than Renting in 39 States!

Buying Remains Cheaper Than Renting in 39 States!

Buying Remains Cheaper Than Renting in 39 States! [featured-img][mashshare] [foobar] In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers show that the range is an average of 3.5% less expensive in San Jose (CA), all the ...
3 Questions to Ask Before You Buy Your Dream Home

3 Questions to Ask Before You Buy Your Dream Home

3 Questions to Ask Before You Buy Your Dream Home [featured-img][mashshare] [foobar] If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interests at heart, they may not be fully aware of your needs and what is currently happening in the real estate market. ...
The High Impact of Low Interest Rates on Your Purchasing Power

The High Impact of Low Interest Rates on Your Purchasing Power

The High Impact of Low Interest Rates on Your Purchasing Power [featured-img][mashshare] [foobar] According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.96%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts ...