This is the insane pool/patio video everyone is going crazy over

This is the insane pool/patio video everyone is going crazy over

Never expected our Facebook to blow up over one of these

Freddie Mac: Here are the top 5 improving metro housing markets

Not just L.A. and NYC

It’s official: Steve Horne out as Wingspan CEO

Jason Spooner takes over; Horne becomes senior advisor
W S
The Ticker

Trulia: Buying cheaper than renting until rates reach 10.5%

/ Print / Reprints /
| Share More
/ Text Size+

The recent rise in mortgage rates has made buying a house a little more expensive: the increase in the 30-year fixed rate over the past month from 3.4% to 3.9% raised the monthly payment on a $200,000 mortgage by $56, or 6%.

However, because mortgage rates are still near long-term lows, and because prices fell so much after the housing bubble burst and remain low relative to rents even after recent price increases, buying is still much cheaper than renting. That means that the recent jump in rates doesn’t change the rent-versus-buy math much.

Read the full report by Trulia here.

Source: Trulia
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus