Many renters debate whether they should continue renting or take the first step toward purchasing a home. If you’re unsure of the major differences between renting and purchasing, check out the helpful tips below.
Don’t forget interest rates are at historic lows, increasing your buying power more than ever before. A 1% higher interest rate will increase your monthly payment by approximately 10%! Now might be the best time to buy.
Ready to chat with a local lender on taking the next steps to purchasing a home or refinancing? Contact us today and we will send you contact information for some of our top local lenders that we recommend working with!