Benefits of Owning Your Own Home

Stable Housing Costs

Stable Housing Costs

When you rent a place to live, you can certainly expect your rent to increase each year – or even more often.  If you get a fixed rate mortgage when you buy a home, you have the same monthly payment amount for thirty years.  Even if you get an adjustable rate mortgage, your payment will stay within a certain range for the entire life of the mortgage – and interest rates aren’t as volatile now as they were in the late seventies and early eighties.

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