rent: It is Cheaper to Own a Home than Rent One in Whatcom County
- 02/25/14 06:51 AM
In a recent national report by RealyTrac, they said that the average monthly payment on a mortgage is slightly less expensive than monthly rent. The online database for real estate property information called RealtyTrac, issued a report last week about monthly house payments vs rent. They took several different factors into considerationin their report, such as taxes, insurance, maintenance, and subtracting the estimated income tax benefit and they concluded that the average mortgage payment for a median-priced Whatcom County 3 bedroom home was $1,201 a month at the end of 2013. That's a 6.5 percent increase compared to the end of 2012. Based on the study, to rent the same or equal home … (0 comments)
In a recent national report by RealyTrac, they said that the average monthly payment on a mortgage is slightly less expensive than monthly rent.
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