As mortgage rates rise, here’s how to decide whether you should buy a home or rent

Econ & Housing

Tim Kitchen | The Image Bank | Getty ImagesIt’s becoming harder to afford a home.Prices are up almost 20% year over year, and mortgage rates are soaring.The rate for a 30-year fixed loan is now 5.57%, according to Mortgage News Daily, up from 3.29% at the start of the year.At the same time, consumer prices…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Canada could see its worst wildfire season on record
1 in 3 Homebuyers Are Now Paying All Cash: Report
Stock market today: Wall Street stays steady, oil drops again
In March, Finland’s forest industry exports reach Euro 1.33 billion, with pulp and paper leading way
Spring Inventory Has Spiked… In Some Places. Here’s Where—And Why.