When you rent a place to live, you can certainly expect your rent to increase each year or even more often. If you get a fixed rate mortgage when you buy a home, you have the same monthly payment amount for thirty years. Even if you get an adjustable rate mortgage, your payment will stay within a certain range for the entire life of the mortgage and interest rates are not as volatile now as they were in the late seventies and early eighties.
Imagine how much rent might be ten, fifteen, or even thirty years from now. Which makes more sense?
Forced Savings
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Alexia
678-687-6159
agallagher@kw.com |
Alexia & Bill Gallagher
Keller Williams Realty Atlanta Partners
3325 Paddocks Parkway, Suite 190
Suwanee, GA 30024
678-341-2900 |
Bill
678-687-6169
billgallagher@kw.com |