EXIT Realty Premier Blog

The Difference Between Renting and Buying a Home [INFOGRAPHIC]

 

October 13, 2023

For BuyersInfographicsFirst Time Home BuyersMove-Up BuyersBuying MythsRent vs. Buy

Some Highlights

• When deciding between buying a home or renting, think about these three important factors.
• Buying a home means avoiding rising rents, owning a tangible and valuable asset, and growing your wealth over time.
• If you’re ready to enjoy the advantages of owning a home, let’s connect to discuss your options.

Sell...

Explaining Today’s Mortgage Rates

July 19, 2023

For BuyersInterest RatesHousing Market Updates

If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast.  

But, there’s one thing that’s historically a good indicator of what’ll happen with rates, and that’s the relationship between the 30-Year Mor...

How Changing Mortgage Rates Can Affect You

April 3, 2023

For BuyersInterest RatesBuying Myths

The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power.

The chart below helps show the general relationship between mortgage rates and a typical monthly mortgage payment:

Even a 0.5% change can have a big...