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Showing posts with the label Buying vs Renting

Three Reasons Buying a Home is More Affordable than Renting!

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Buying a home in Colorado Springs can save you money if you are currently renting.  Interest rates on mortgages are still very low while rent typically continues to rise. There are many reasons people choose to rent and for some, it may be the best option.  If you have the option to buy versus renting, you may be able to save yourself money in the long run.  Calling one of our  experienced Colorado Springs real estate agent s is your first step in the home buying process.  Our team can assist you with all questions related to the buying process from start to finish.  As a first-time home buyer, understanding the benefits of buying a home versus renting is crucial in taking the next step.  Here are three reasons  buying a Colorado Springs home  is more affordable than renting. Rent Continues To Climb While Mortgage Rates Are Still Low In 2018, rent prices continue to rise and mortgage interest rates are still at very low rates. ...

Should You Buy Or Rent Your Next Home?

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The decision to buy or rent their next homes has challenged home-seekers for years. Buying a house in Colorado Springs can be a daunting prospect financially, but studies are consistently showing that owning your own home is often just as (if not more ) affordable than renting one. The ultimate decision is of course up to you, but The MacGuire Team is here to offer a few important considerations. Owning Is More Affordable Than You Think Contrary to popular belief, the days of having to have a stellar credit score and a 20% down payment in order to buy a house are long gone. Thanks to varied and competitive mortgage options, buyers are now able to purchase homes with as little as 10%, 5%, 3%, and (in some cases) even 0% down. Interest rates are also at a historic low, which means your monthly mortgage payments can be incredibly affordable. Renting Is More Expensive Than You Think People who don't think they can afford to buy often choose to rent as an alternative,...