Whether Your Rent or Buy in CT: Either Way You're Paying A Mortgage

Real Estate Broker/Owner with Dave Jones Realty, llc. 0789397

Whether You Rent or Buy: Either Way You’re Paying a Mortgage | Keeping Current Matters

There are some renters who have not yet purchased a CT home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either yours or your landlord’s.

As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to build equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity.

Are you ready to put your housing cost to work for you?

Christina Boyle, Senior Vice President and Head of Single-Family Sales & Relationship Management at Freddie Mac, explains another benefit of securing a mortgage vs. paying rent:

“With a 30-year fixed rate mortgage, you’ll have the certainty & stability of knowing what your mortgage payment will be for the next 30 years – unlike rents which will continue to rise over the next three decades.”

Bottom Line

This holiday season, why not give yourself the gift of homeownership in Connecticut? Lock in your housing costs for the next 30 years and guarantee you are the one building wealth. Contact a Real Estate professional at Dave Jones Realty who can assist you with all of your Real Estate needs!


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Pat Champion
Coldwell Banker Camelot Realty - Mount Dora, FL
Call the "CHAMPION" for all your real estate needs

This is so true I was just talking about this with my Son. Thanks for sharing I wish you a successful year in 2017'.

Dec 26, 2016 12:09 PM #1
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