Whether You Rent Or Buy Either Way Youre Paying A Mortgage

Dated: 12/20/2016

Views: 893

First Time Home Buyers

There are some renters who have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either yours or your landlord’s.

As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to build equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity.

Are you ready to put your housing cost to work for you?

Christina Boyle, Senior Vice President and Head of Single-Family Sales & Relationship Management at Freddie Mac, explains another benefit of securing a mortgage vs. paying rent:

“With a 30-year fixed rate mortgage, you’ll have the certainty & stability of knowing what your mortgage payment will be for the next 30 years – unlike rents which will continue to rise over the next three decades.”

Bottom Line

This holiday season, why not give yourself the gift of homeownership? Lock in your housing costs for the next 30 years and guarantee you are the one building wealth. For more information on how to take the first steps in being becoming a homeowner, call/text or email me at 360-949-3782, Leah@frontdoornw.com


Merry Christmas from my family to YOURS! <3 


Leah Wright - WA Buyer Specialist

Leah, an Arizona native, decided to make the beautiful Pacific Northwest her home in the winter of 2011 after attending a wedding in Woodland and falling in love with the locals and lush surroundings.....

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