IT IS REALLY BETTER TO RENT THAN OWN A HOME RIGHT NOW ?
one of the difficulties with rent and reinvest model is that many people simple rent and spend the difference . 'That is call wealth Destroying" so before you renew you rental agreement , Think about opportuniy to built wealth that homeownersship provides. Call me i can help
pros and cons of renting vs buying a home
Renting and Buying a home both have their pros and cons. Renting can be a predictable expense, with upfront costs that are generally lower than those of buying . However, as a renter, you are subject to the owner's rules, which may include limitations on home décor or no pets . However, renting does
Mortgage Insurance will cost less on new FHA home loans
Yes, mortgage insurance will cost less on new FHA home loans. Beginning March 20, 2023, most FHA loans will carry lower mortgage insurance premiums, The annual mortgage insurance premium (MIP) for FHA loans will decrease from 0.85% to 0.55%, which could save the average borrower $800 per year
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