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Buying A Home Remains Cheaper Than Renting A Home In 39 States In 2017
Did you know that Florida is one of many states where buying a home is often cheaper than renting a home? Thanks to low mortgage interest rates and many low down payment plans, home ownership is a better investment than ever.
According to the article below, "Homeownership remains cheaper than renting with a traditional 30 year fixed rate mortgage in the 100 largest metro areas in the United States." This should be reassuring news for potential home buyers that are still on the fence about buying a home in 2017 and beyond. Experts agree that historically low mortgage interest rates are a major factor when it comes to home affordability right now, even while prices have climbed this year. See the rest of the article by clicking on the map below:
Andrea is the Managing Partner of Sandy Hartmann & Associates. She is a licensed Realtor with over 15 years of Marketing and Finance experience, holding a degree in both Finance and International Busi....
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