Sunday 10 October 2010

Rent vs buy Top five cities where its better to buy or rent a home

Filed under: Home, Real EstateWith interest rates on 30-year mortgages hitting yet another record low this week -- 4.27%, according to Freddie Mac -- it makes sense to rush out and buy a home, right?

Maybe not.

New York-based real estate research firm Reis Inc. reported Thursday that a surge of renters in the third quarter pushed the national apartment vacancy rate down to 7.2%, from 7.8% the quarter before, one of the steepest drops ever. So m

Source:
http://www.walletpop.com/blog/2010/10/08/rent-vs-buy-top-five-cities-where-its-better-to-buy-or-rent/

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