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Why is the cost of renting the home different then the monthly payment, if I am able to purchase the home?

April 26, 2017able COST different Home payment purchase renting

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Why is the cost of renting the home different then the monthly payment, if I am able to purchase the home?

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If you obtain a loan now, you will benefit from historic low home loan interest rates. This can make the payment for borrowing enough money to purchase the home lower than the current rental rate for the area.