Mark Obrinsky
Mark Obrinsky
advantages choice everybody home neither nor owning points
There are many advantages to owning your home - but we do think that sometimes the advantages to renting are overlooked. Neither owning nor renting is the right choice for everybody at all points in their life.
backing buyers economy insecure interest jobs lose means mortgage people picks potential rates stop weak
Mortgage rates have dropped, yes, but a weak economy means people lose jobs or feel insecure in their jobs. Some potential buyers may end up backing off from a purchase. When the economy picks up after a slowdown, interest rates usually rise, but that doesn't stop people from buying.
anywhere chunk invest large money savings
When you buy, you'll put down a large chunk of your savings upfront, which is also money you now can't invest anywhere else,