NAR says that 13,780 houses sold yesterday and 13,780 houses will sell today (based on 2011 sales figures). So….houses are selling. Interest rates are around 4%, meaning that borrowing $100,000 for a 30 year mortgage results in a monthly payment of roughly $478/month! We know already that it’s a “no brainer” for a renter to [...]
Posts Tagged ‘buying vs renting’