Posts tagged mortgage
Should I Be Buying A Home Right Now During This Housing Bull Market

If you're on the fence on buying a house or have been told now is the best time to buy a house, please be sure to give this a listen before diving into what will effectively become the biggest purchase of your life.

While interest may be at all-time lows, the inherently low-interest rates do not necessarily mean this is the best time for you to buy. Buying a house and making that large 15 or 30-year commitment takes a level of responsibility and it should only be done for the right reasons. Do not enter into a home purchase transaction simply because you're being told that carrying a mortgage is the exact same thing as being a renter but with equity. The true cost of owning a home lies in the upfront cost and continued additional maintenance.

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