Rent vs own – what works?

When you own, you pay your own mortgage – when you rent, you pay your landlord’s mortgage – what’s better for you?

Here are some thoughts comparing renting vs owning:

rent vs own

When you look at today’s interest rates, it’s a great time to look at buying so you are paying your own mortgage! Your house payment will stay the same- other than your property taxes and insurance. You will gain the equity in the home and that can be a great way to save money! You can paint your home, have a garden, have a space that is truly yours!

If you are interested in seeing what you can qualify for, please feel free to email or call me! Rates are fantastic – we don’t know how long they will stay this low, so don’t wait too long to take advantage of them!

Leslie Vanderwerf,  NMLS ID#335509, American Mortgage & Equity Consultants, Inc., An Equal Housing Lender, NMLS#150953 – Email – Website

*information courtesy of Keeping Current Matters

 

Written By

Currently a Senior Loan Officer at Cross Country Mortgage LLC, it's hard to believe I have been in the mortgage business for more than 25 years and have worked with Sharlene since 2000! I love sharing mortgage insights here each week and helping people finance their homes. Listening helps me find the right program for you!

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