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It Makes More Sense to Rent Than Buy a Home Right Now. Here’s Why.

Por: MarketWatch Business August 12, 2023

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Buyers purchasing the typical home with a 20% down payment have seen their savings shrink compared with renting since 2019, while those paying with a 5% down payment are facing monthly mortgage costs that are broadly higher than rent prices. The Zillow data used the average 30-year fixed mortgage rate and two Zillow indexes, one measuring the typical home value and the other measuring the typical rent, to determine basic monthly payments. This... + full article



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