The Cost of Renting vs. Buying This Spring

Some Highlights:

  • Historically, the choice between renting or buying a home has been a tough decision.
  • Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious.
  • Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!

 

To view original article, visit Keeping Current Matters.

Explaining Today’s Mortgage Rates

Explaining Today’s Mortgage Rates

Factors such as inflation, other economic drivers, and the policy and decisions from the Federal Reserve are all influencing mortgage rates today.

Home Prices Are Rebounding

Home Prices Are Rebounding

Experts believe one of the reasons prices didn’t crash like some expected is because there aren’t enough available homes for the number of people who want to buy them.

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