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Should I Buy or Rent?

Buying Has Long Term Advantages

Renting may seem to be less expensive initially, but when you consider the fact that rent always increases, investing in a home has financial advantages. Right now interest rates are very low and buying a home is a smart option.

Tip: Expenses to expect when buying a home

Closing costs are fees that you pay when you close on your house, besides the down payment. These costs can run 3-5 % of the loan amount and may include title insurance, attorney fees, appraisals, taxes and more. Knowing what closing costs to expect can help better prepare. you for the homebuying process.