Americans still favor owning over renting, but for how long?

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Many people say real estate is a better investment than stocks, bonds or gold-the real numbers show otherwise. msn back to msn home money. powered by Microsoft News. web search.

The economics of buying versus owning are unique to each individual’s circumstances, but for most millennials, renting appears to be the better option. economics of housing for young people in.

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According to the company’s study, 67% of American homeowners believe owning a home is a better option than renting. However, LendingTree discovered that for many American homeowners, renting is.

Ala. court says alleged problems with securitization aren’t a borrower concern Paul Jackson has posted on a decision by an Alabama trial court involving the so-called New York trust theory that we have discussed at some length on this blog. Given how banks have been taking it on the chin ever since the robo-signing scandal broke, I suppose I’d be inclined to gloat a little, as Jackson does, in response to a verdict in favor of a bank; bank PR has been a particularly.

Unless you’re confident you’ll stay in your home for at least four to five years, rent. Many people buy a home and then upgrade within a few years and choose to become a landlord by renting out their old home. This could be a savvy move long-term, but it’s harder in the short-run than most people realize.

Pros and cons of buying and renting a home There are pros and cons to renting a property, just as there to owning a home. Both options have their own advantages and disadvantages, for example renting allows you more expendable money in the short term, while owning a house gives one the sense of security as it is considered a long-term investment.

Freddie Mac: Mortgage rates remain steady WASHINGTON (AP) – U.S. long-term mortgage rates barely budged this week after marking the biggest drop in nearly four years a week earlier. Home borrowing rates remain much higher than they were a year ago. Mortgage giant Freddie Mac said Thursday the average rate on the benchmark 30-year, fixed-rate mortgage held steady at 4.81 percent this week.

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Which of the following best explains why buying is an investment while renting is not? Follow . 0. Report Abuse. you have zero payment, after 30 years or still owe 1200 per rent for another 30 years..thats, approaching a million.owning and only paying174 thousand is better.

How can buying be so much cheaper than renting when home prices and mortgage rates are both climbing? The key reason: both rates and prices are rising from very low levels and are still below their.

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In a recent analysis, LendingTree surveyed 2,095 American homeowners aged 22 and older about their perceptions of owning a property versus renting. According to the company’s study, 67% of American homeowners believe owning a home is a better option than renting.

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