Potential home buyers have a two-step decision

“Potential home buyers have a two-step decision process. First, they determine whether they can afford to make a purchase – does their income safely cover their mortgage payment? Then they determine whether owning is a better financial choice than renting – are the costs of owning a home lower than the cost of renting it?”

— Mark Zandi

Author: Mark Zandi
Category: home
Tags: home, Mark Zandi

 

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