Is It Better To Rent or Buy a Home Today?
Some Highlights
- A study shows that 70% of prospective buyers fear the long-term consequences of renting. And here’s why.
- Rent usually rises over time and that can make it harder to save up to buy a home. But when you buy, you can stabilize your housing expenses and grow your net worth as home values rise.
- While renting may be the less expensive option in some markets, it can’t match the long-term benefits of homeownership. What’s your #1 reason for wanting to buy?
Categories
Recent Posts
Kitchen Remodel Return on Investment for Sellers
Here’s how to get a better mortgage rate as the 30-year fixed nears a 1-year low
Social Security cost-of-living adjustment may be slightly higher in 2026, estimates find. What that means for retirees
I study happiness for a living: 12 little rules for a happier life I wish I learned sooner
Mortgage demand jumps to the highest level in three years, as interest rates drop sharply