The Difference Between Renting and Owning Some Highlights If you’re deciding whether to rent or buy, consider the many financial benefits that come with owning a home. As a renter, you build your landlord’s wealth and face rising costs. As a homeowner, you build your own net worth and can lock in your monthly payments for the length of your loan. If you’re weighing your options, remember Continue Reading about The Difference Between Renting and Owning [INFOGRAPHIC]
owning a home
Home Is Where the Heart Is More than Ever This Year
Home Is Where the Heart Is More than Ever This Year There’s no denying the financial benefits of homeownership, but what’s often overlooked are the feelings of gratitude, security, pride, and comfort we get from owning a home. This year, those emotions are stronger than ever. We’ve lived through a time that has truly changed our needs and who we are, and as a result, homeownership has a whole Continue Reading about Home Is Where the Heart Is More than Ever This Year
Experts Agree: Homeownership Provides a Path to Long-Term Wealth
Experts Agree: Homeownership Provides a Path to Long-Term Wealth A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include: The flexibility to make the space your own The pride homeownership offers The sense of stability In the same survey, 41% of Continue Reading about Experts Agree: Homeownership Provides a Path to Long-Term Wealth
Wealth Increases Through Growing Home Equity This Year
Homeowner Wealth Increases Through Growing Equity This Year Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it, through home equity. In a recent paper published by the Urban Institute, Home Ownership is Affordable Housing, author Mike Loftin illustrates how homeowners Continue Reading about Wealth Increases Through Growing Home Equity This Year
Clear Financial Benefits of Owning a Home Over Renting
Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC] Some Highlights When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation.On the other hand, when you own your home, you build your own wealth, your monthly payment is locked in, and Continue Reading about Clear Financial Benefits of Owning a Home Over Renting
6 Reasons to Celebrate National Homeownership Month
6 Reasons to Celebrate National Homeownership Month Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of Americans call their homes their own, a rate that has risen to its highest point in 8 years. As Continue Reading about 6 Reasons to Celebrate National Homeownership Month
Owning a Home Is Still More Affordable Than Renting One
Owning a Home Is Still More Affordable Than Renting One If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in your favor as home prices continue to rise. According to the experts, in many cases, it’s still more Continue Reading about Owning a Home Is Still More Affordable Than Renting One
