More space and a secure investment for the future: home ownership offers many advantages. Nevertheless, the fundamental question arises: should people buy or rent? The post below tries to offer some insight.
Owning a home
Owning a home is a lifelong dream for many people: 81 percent of Americans would like to buy and live in their own home. Thanks to lower interest rates, 2018 is showing favorable signs. Mortgage loans with a fifteen-year term have one of the most decent APR rates in recent history, which is one more reason to answer the question: “Should an interested party rent or buy their next home?”
Buy or rent? Both have advantages
Whether it’s the better alternative to rent or buy depends on each person’s individual living conditions. Tenants enjoy advantages just like homeowners do. They remain flexible in the choice concerning their place of residence and hardly need to worry …