Now is the Time to Buy: Interest Rates are at the Lowest in Years.
- When you pay off your home, it’s yours. You eliminate the expense of housing once you’ve paid it off.
- If the home appreciates more than you’ve paid in mortgage, interest, taxes, and maintenance over time, you’ve earned a return, or you break even.
- Tax credits help offset some of the cost of homeownership.
- Your building equity for yourself not for your landlord.