Rent or Buy?
Definitely buy. Studies show that owning a home is the best way to build long-term
household wealth. The sooner a person owns a home, the faster they have the opportunity
to build up equity and wealth.
When you buy a home, you are also purchasing price stability, knowing that you will
pay the same monthly payment for the life of your 30-year, fixed-rate mortgage.
Even though home prices have not yet stabilized, rents in many areas continue to