Menu

Latest News

Recent news from Mortgage Miracle Happens

Do You Know the Real Cost of Renting vs. Buying? [INFOGRAPHIC]

February 17th, 2017 by [shareaholic app="share_buttons" id="27157108"]

By simplify

Do You Know the Real Cost of Renting vs. Buying? [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • Historically, the choice between renting or buying a home has been a close decision.
  • Looking at the percentage of income needed to rent a median-priced home today (30%), vs. the percentage needed to buy a median-priced home (15%), the choice becomes obvious.
  • Every market is different. Before you renew your lease again, find out if you could use your housing costs to own a home of your own!

Read More…      

[shareaholic app="share_buttons" id="27157108"]