Whose Mortgage Do You Want to Pay? Yours or Your Landlord’s?
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There are some people who haven’t purchased homes because they are uncomfortable taking on the obligation of a mortgage. However, 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 business explained in their article, “12 Practical
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 your purchasing power. Purchasing power, simply put,
The housing meltdown took its toll on millions of people’s credit, income and stability. Most of these people have been renting or stuck in their housing since then. Now, since their hardships have been over for 3 – 7 years, they are coming back to buying real estate competitively. FNMA, FREDDIEMAC, VA, as well as