Owning vs. Renting The rate of homeownership in the US is nearly 69%. It can be as affordable as renting, and more affordable in some regions. You need to learn about home prices in the area you want to live, calculate the mortgage cost and compare it to the cost of a similar rental. The advantages to owning a home are evident for many but not for all. Youre able to pay the same or less while building equity - the difference in your homes worth over the amount you owe. You can also deduct the interest paid on your mortgage to save on federal taxes. homerunrealestate/blog/owning-vs-renting
Posted on: Fri, 02 May 2014 23:25:30 +0000
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