Buying a Home Is Cheaper Than Renting in the Majority of the US
The results of the 2018 Rental Affordability Report from ATTOM show that buying a median-priced home is more affordable than renting a three-bedroom property in 54% of U.S. counties analyzed for the report. The updated numbers show that renting a three-bedroom property in the United States requires
![Home Buying Myths Slayed [INFOGRAPHIC],Raydiantre](https://img.chime.me/image/fs/chimeblog/wp-migration/924/20260608/16/w600_original_a3eda2894d1549ff8bd733eb9b61ed78.jpg)
Home Buying Myths Slayed [INFOGRAPHIC]
Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months! The credit score requirements for mortgage approval continue to fa
Is Family Mortgage Debt Out of Control?
Some homeowners have recently done a “cash out” refinance and have taken a portion of their increased equity from their house. Others have sold their homes and purchased more expensive homes with larger mortgages. At the same time, first-time buyers have become homeowners and now have mortgage payme
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