You are currently browsing the Christi Reece’s Real Estate Blog weblog archives for December, 2011.
14. December 2011 by Christi Reece.
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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