The Cost of Renting vs Buying a Home

Tired of throwing your money away each month, paying someone else’s mortgage? Looking to get pre-approved to buy your own home? We can help! Please call John at 949-415-4105 or email to jrod@ifminc.com for more information on the home buying process.

Highlights from Keeping Current Matters Infographic:

• The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise.
• This is making buying a home an increasingly attractive option for many people, especially with low mortgage rates driving purchasing power.
• If you’d like expert guidance on exploring your homebuying options while affordability is high, reach out to a local real estate professional.