I was doing some research and came across a very useful article in The New York Times.
Most of you know that renting is very common in NYC what many people don't know is that this is a great time to buy. Mortgage rates ares still very low and you can still lock in a 30 year mortgage at 4.75%.
If you are thinking about renting for more than a couple of years you should strongly consider buying.
Buying vs. Renting Calculator link
Most of you know that renting is very common in NYC what many people don't know is that this is a great time to buy. Mortgage rates ares still very low and you can still lock in a 30 year mortgage at 4.75%.
If you are thinking about renting for more than a couple of years you should strongly consider buying.
Buying vs. Renting Calculator link
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