Mortgage Guide

Fixed Rate Mortgage Section


Fixed Rate Mortgage Navigation

Main Home Page
Tell A Friend about us
Greenpoint Mortgage |
Internet Lead Mortgage |
Mortgage Fixed |
Florida Mortgage Broker |
Mortgage Note Buyer |
Premier Mortgage |
50 Year Mortgage |
Mortgage Amortization |
How To Mortgage |
Mortgage Bad Credit |

List of Mortgage Articles

Fixed Rate Mortgage Best seller

Buy it Now!

Best Fixed Rate Mortgage products


Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; rss_parser has a deprecated constructor in /home4/marcilio/public_html/mortgage/mortgage/datas/rss.class.php on line 2

Social bookmarking
You like it? Share it!
socialize it


Subscribe to our newsletter AND receive our exclusive Special Report on Mortgage
First Name:

Main Fixed Rate Mortgage sponsors


Latest Fixed Rate Mortgage Link Added


Submit your link on Fixed Rate Mortgage!


Welcome to Mortgage Guide


Fixed Rate Mortgage Article

Thumbnail example. For a permanent link to this article, or to bookmark it for further reading, click here.

Mortgage Loa Versus Renting


There is a big debate these days whether it even pays to take out a mortgage loan or if renting ends up being cheaper. Since most people can’t buy a house outright with cash, and depend on getting a mortgage loa, there are some reasons that might make renting more attractive in the short-term. However, if you are looking for stability, a way to build wealth and a home you can call your own – a mortgage loa is the way to go.

The Benefits of Renting

Renting allows a certain mobility in your lifestyle. You sign a lease for a particular timeframe, and if you have to move you can still leave by paying a penalty. On the other hand, if you own your home, you can’t get out of your mortgage simply by moving. You have to sell the house and that can be a problem if your job takes you to many places. If you are very mobile, it’s difficult to make up the 6% you will have to pay the real estate agent to sell your home.

You do have fewer maintenance issues when you rent. If something breaks, you just call the landlord. A mortgage loa does not cover the monthly expenses of maintenance and they can cost a lot. If your roof needs to be replaced, you will spend in the thousands of dollars. However, if you rent the maintenance and appliances are taken care of by the leasing company.

The Benefits of a Mortgage Loa

While these types of benefits for renting are huge, there can be even bigger rewards for buying. When you rent, all of the money you spend for rent is not tax-deductible and does not serve to build up equity for you. In that sense, rent can be like throwing your money away. If you buy, you can find ways to generate equity and use the interest on the home mortgage loa payments as a tax write-off too. This can put you in a lower tax bracket and easily save you thousands, on top of the thousands you make in equity in a rising market.

There are many different types of mortgage loans out there. You can get an adjustable rate mortgage loa or a fixed rate mortgage. Often, the payments you make on a mortgage can be less than what you would pay for an apartment. However, this all depends on the housing market. Right now, there are some markets where rentals are cheaper than buying, so be sure to check your local market to find out which is best for you.

Fatal error: Uncaught Error: Call to undefined function eregi_replace() in /home4/marcilio/public_html/mortgage/mortgage/datas/persobanner_center.php:21 Stack trace: #0 /home4/marcilio/public_html/mortgage/mortgage/datas/center.php(8): include() #1 /home4/marcilio/public_html/mortgage/mortgage/datas/pages.php(77): include('/home4/marcilio...') #2 /home4/marcilio/public_html/mortgage/mortgage/fixed-rate-mortgage.php(2): include('/home4/marcilio...') #3 {main} thrown in /home4/marcilio/public_html/mortgage/mortgage/datas/persobanner_center.php on line 21