June 14, 2017 11:48 am
In a blog post published last Friday, CNBC’s
Diana Olnick reported on the latest results of the FAU Buy vs. Rent Index
. The index examines that entire US housing market and then isolates 23 major markets for comparison. The researchers at FAU
use a “‘horse race’ comparison between an individual that is buying a home and an individual that rents a similar-quality home and reinvests all monies otherwise invested in homeownership.”
June 13, 2017 11:48 am
According to a recent report by Trulia
, “buying is cheaper than renting in 100 of the largest metro areas by an average of 33.1%.”
The report may have some people thinking about buying a home instead of signing another lease extension, but does that make sense from a financial perspective?
June 12, 2017 11:48 am
Here are four great reasons to consider buying a home today, instead of waiting.
June 8, 2017 11:42 am
To start the year, housing experts all agreed on one thing: 2017 was going to be the year we would see mortgage interest rates begin to rise. After years of historically low rates, and an improving economy, the question wasn’t if they would increase
but instead how much they would increase
. Some thought we could see rates hit 5-5.5% by the end of the year.