We have never hid our belief in homeownership. That does not mean we think EVERYONE should run out and buy a house. However, if a person or family isready,willingandableto purchase a home, we believe that owning is much better than renting. And we believe that now is a great time to buy.
We are not the only ones that thinkowning has massive benefitsor thatnow is a sensational timeto plunge into owning your own home. Here are a few others:
“Homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord…Having to make a housing payment one way or the other, owning a home can overcome people’s tendency to defer savings.”
"One thing seems certain: we are not likely to see average 30-year fixed mortgage rates return to the historic lows experienced in 2012…Yes, rates are higher than they were a year ago – and certainly higher than two years ago. But if you look at the averages over the last four decades, today's rates remain historically low."