It’s true, mortgage rates are the lowest they have ever been, at least in this writer’s lifetime. With this in mind, there has never been a better time to buy your first home, to refinance or to perhaps buy an investment property. The bottom line, mortgages are a bargain these days and building equity is never bad. As such, the Quizzologists have prepared a series of articles to ready you to take serious advantage of this buyers market.
Do you know you could own a house… today? Did you know Quizzle gives you a free credit report, score and personalized mortgage recommendations?
Is Owning Really Cheaper than Renting?
The short answer… absolutely.
A slightly longer answer… maybe not at first, but once you get through the initial cost of gathering a down payment and closing on your new house (that’s right, imagine it, your very own new house), not only will you be saving money every month because your mortgage payment will be lower than your monthly rent, you will also be building equity for the future – essentially paying yourself instead of watching that money go right out the door.
As they say, real estate is the best investment because God sure isn’t making anymore of it. Check out this infographic for a clear breakdown on how buying a house, instead of renting one, means big time savings.
So You Want to Take Advantage of these Rates…
Here are five easy to follow steps on how you can start the process of securing your low mortgage rate and be on your way to becoming a homeowner today!
Courtesy of Quizzle Free Credit Score and Report