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Buying Remains 36% Cheaper than Renting!

August 8th, 2016 by [shareaholic app="share_buttons" id="27157108"]

By simplify

Buying Remains 36% Cheaper than Renting! | Simplifying The Market

In the latest

One of the main reasons that owning a home has remained significantly cheaper than renting is the fact that interest rates have remained at or near historic lows. Freddie Mac reports that rates fell again last week to 3.43%.

Nationally, rates would have to rise to 10.6% for renting to be cheaper than buying – and rates haven’t been that high since 1989.

Bottom Line

Buying a home makes sense socially and financially. If you are one of the many renters who would like to evaluate your ability to buy this year, let’s get together and find you your dream home.

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