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With rock-bottom home prices and mortgage interest rates hovering around 4%, consumers are increasingly buying homes they plan to retire in sometimes and are renting them out in the meantime.
Falling home prices and record-low mortgage rates would seem to be creating a dream scenario for the U.S. homebuyer, but securing a mortgage is a challenge in the wake of a massive housing bubble, not to mention that the Federal Reserve?s interest rate policy is offering no incentive to pull the trigger with any urgency. Real estate search engine Trulia?s Summer 2011 Rent Vs. Buy Index found ...
Recent mortgage deals mean you can typically pay

Home buying could soon beat renting

Posted by mortgage 120 days ago (Editorial)
Falling home prices have sent many would-be buyers to the sidelines. If all goes well, record low interest rates and rising rents may soon prompt some to reconsider buying.

Owning More Affordable Than Renting

Posted by mortgage 176 days ago (Editorial)
Home prices and mortgage rates have fallen so far that the monthly cost of owning a home is more affordable than at any point in the past 15 years and is less expensive than renting in a growing number of cities.
The relative merits are closer than they have been since the housing bubble began inflating almost a decade ago.

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