Montana Money: buying a house
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Showing posts with label buying a house. Show all posts
Showing posts with label buying a house. Show all posts

Is It Better to Rent or Buy a House?

open house sign
In the current economy, it is cheaper to buy a house in the long run than it is to rent a home. In fact, at this time, it is 39% cheaper to buy a house than rent. But that can change when interest rates rise. Home prices are getting close to and in some cities at all-time highs and rental prices are also at all time highs. Is it better to rent or buy a house?