10/13/2026
๐ก Is Buying Still Better Than Renting?
With mortgage rates higher than we've seen in recent years, many people are wondering if renting makes more financial sense. But a recent analysis from Homes.com suggests that buying a home can still be a smart long-term investment, even with mortgage rates above 7%. The key isn't just the interest rate. It's also how home prices compare to rental costs and the potential to build wealth through homeownership.
๐ https://www.homes.com/news/analysis-buying-can-still-beat-renting-even-with-mortgage-rates-above-7/1215086240/
The Bottom Line: Don't let mortgage rates alone determine whether it's the right time to buy. Every situation is different, and understanding your options can help you make a confident decision. Whether you're renting and considering your first home or planning your next move, Mary Towler and Team Towler are here to help you explore the possibilities!
๐ง [email protected] | ๐ 678-520-0414
With mortgage rates above 7%, it's easy to assume that renting must be the better deal.After all, every percentage point added to a mortgage rate