3 Best Places Where It’s Cheaper To Own A Home Than Rent
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If you’re currently renting because you don’t think you can afford a home in your city, you might be surprised — in many major U.S. cities, it’s actually cheaper to pay for a mortgage than to pay rent for any home, according to data from Zillow. A recent financial study determined the cost of renting versus owning a typical house in America in the 100 largest cities by looking at how rent prices compared to estimated mortgage payments based on median home list prices.
The article is written by Andrew DePietro for Forbes. You can read the full article here.
Sheila Abai is a senior mortgage consultant. She utilizes her 20+ years of finance and mortgage experience to identify the best mortgage and refinancing solutions for her clients. Sheila can be contacted via email at sheilaabai10@gmail.com or via telephone at (310) 666-6601.