By: Tasneem Merchant

Buy vs. Rent: Which Is Right for You in Today’s Market?

With interest rates and home prices constantly shifting, many people are wondering: should I buy or rent?

Pros of Buying:

  1. Build long-term equity
  2. Lock in your mortgage instead of facing rising rents
  3. Pride of ownership

Pros of Renting:

  1. Flexibility to move anytime
  2. No property taxes or repair costs
  3. Lower upfront costs

What to Consider:

  1. How long do you plan to stay in one place?
  2. Can you afford the down payment and monthly carrying costs?
  3. Are you financially secure in your job and income?

Book a mortgage consult or a buying strategy call with me and let’s explore what’s best for your lifestyle and goals.