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Home Prices Aren’t The Only Increasing Housing Costs—Rent Is Steadily Rising As Well

[fa icon="calendar'] Aug 1, 2017 12:51:40 PM / by Eustis Mortgage posted in mortgage news, buying vs. renting, rent rates

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Since the beginning of this year, increasing mortgage rates and rising listing prices have dominated news headlines throughout the country. As a result, many potential homebuyers have gravitated towards signing another rental lease instead of jumping into the housing market and applying for a mortgage—but this may not be the best financial decision. Overall, rent rates are fluctuating as well.

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In Which U.S. Cities Should You Buy Rather Than Rent? Here Are The Top 5

[fa icon="calendar'] May 19, 2017 2:52:03 PM / by Eustis Mortgage posted in mortgage news, buying vs. renting

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Throughout the United States, many people believe that renting is significantly cheaper than owning a house. This is actually only true in some select cities—meaning you could be paying more for a temporary lease than you would for reaping the long-term financial benefits of homeownership!

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Paying A Mortgage Is Actually Cheaper Than Renting In 42 States

[fa icon="calendar'] Aug 16, 2016 10:54:55 AM / by Eustis Mortgage posted in mortgage news, buying vs. renting

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Many people believe that renting is significantly cheaper than owning a house. This is actually only true for eight states and the District of Columbia—meaning it’s much less expensive to pay a monthly mortgage in 84% of the U.S.!

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To Rent Or To Buy: Factors To Consider When Making A Decision

[fa icon="calendar'] Apr 28, 2016 11:30:35 AM / by Eustis Mortgage posted in mortgage news, buying vs. renting

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Life is full of important financial decisions, but perhaps the most important decision that adults are faced with in their lifetime is whether to rent or buy a home. While the decision to move from renting to buying may seem daunting at first, the value of owning property can outweigh any initial costs. Before you make your decision, consider these important factors:

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Why Aren't Buyers Motivated to Buy in Such a Great Market?

[fa icon="calendar'] Apr 13, 2016 1:47:02 PM / by Eustis Mortgage posted in homeownership, first time homeowner, buying vs. renting

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More first-time buyers are motivated by emotional factors rather than financial factors when making the decision to buy a home, a report found.

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Homeowner Expenses that Renters Don't Know About

[fa icon="calendar'] Apr 12, 2016 12:03:21 PM / by Eustis Mortgage posted in homeownership, expenses, first time homeowner, buying vs. renting

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Homeownership is, for many, the culmination of the American Dream and a major rite of passage. We’ve written many times on this very blog that the fastest path to building financial wealth is — you guessed it — owning a home.

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