Mortgage Rates Still at Record Lows

Mortgage rates are continuing to drop as they hit their lowest point of the year last month. Rates have been dropping at a relatively consistent rate through the past ten years, starting out over six percent, but have since dropped to 3.86% recently. Andrea Riquier, of Realtor.com gives a little write up on this, “Rates for […]

The Misleading Math Behind the Rent vs. Buy Calculation

 To Rent or To Buy – It’s Often the Question Determining if you can afford to buy a home versus continuing to rent can be a straight-forward calculation.  Total the monthly costs for your potential mortgage, insurance, taxes and other expenses compared to monthly rent and other expenses.  But, the article below shows there is more […]