Why I Rent, despite Low Mortgage RatesRead the full-text online article and more details about "Why I Rent, despite Low Mortgage Rates" by Martin, Justin D - The Christian Science Monitor, December 29, 2011By MartinJustin D
Renting usually requires a security deposit equal to one month’s rent, whereas a homebuyer is required to have a sizable down payment when purchasing a home with a mortgage. Renters have lower utility bills, greater flexibility in where they live, and access to amenities, such as a pool or...
mortgage and rent payments are non-operating liabilities. Deferred revenue is revenue recorded for services or goods that are part of its operations; therefore, deferred revenue is an operating
Check thelatest mortgage rates online. You'll get real quotes from pre-vetted, qualified lenders in under three minutes. The more free mortgage rate quotes you can get, the better. This way, you feel confident knowing you're getting the lowest rate for your situation. Further, you can ...
So what if inflation rises from 2% to 5%, causing your mortgage to reset from 3% to 6%? If your home is now inflating by 5%, and you have an 80% loan-to-value ratio, your cash on cash return has now gone up by 25%. Given the cost of ownership is largely fixed, real estate...
Oh, the normal situation is for rent to be higher than a mortgage. Most of us have to carefully consider the cost of ownership vs the freedom of renting. If you are a government employee or someone with stable employment then it’s not as horrible of an op...
There is a cost through taxes to collecting dividends during decades while working. The more wealthy or highly paid you are, the less you want realized income like dividends. Capital gains are the way to go when dealing with high net worth/high income people. There’s always a slow tax dr...
Why is rent-seeking activity socially wasteful? Why does marginal abatement cost increase? Why do prices, associated with everyday living, keep going up, but not wages? Why would a country want to depreciate its currency? What are the benefits of doing so?
Rule of Thumb: How Much Rent Can You Afford? How Much Does It Cost to Break a Lease? 20/4/10 Rule of Thumb for Car Buying The 50/30/20 Rule of Thumb for Budgeting Pros and Cons of Online Shopping Strategies to Remove Negative Credit Report Entries How to Find Out Which Debt...
Also, my current financial situation has endured some big changes; for instance, this year I suddenly became responsible, on my own, for a rent payment that is twice what my mortgage payment was. Plus, I want to stay in school and pursue my dream of becoming an R.N., and that’s go...