Archive for December 2011

Buy vs Rent

Ok all you fence sitters, check out this new data:

Renters Outspend Owners on Housing
According to the October CoreLogic U.S. Housing and Mortgage Trends report, renters now spend 5% more of their monthly budgets on housing costs than homeowners, and as rents rise, the gap is expected to widen.

Rates are under 4% this week for 30 year fixed. Why would you rent?

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