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Should you buy a home or keep renting?

A mortgage bill might be cheaper than rent. But you’ll need money for a down payment, and don’t overlook extra homeownership costs like taxes and maintenance.

Although renting is great for short-term living, ownership could allow you to build up valuable equity, so long as you stay put.

As a homeowner, you have freedom to renovate or decorate however you like without a landlord’s permission.

Consider what you can afford and how you’d like to live.

If homeownership sounds best, it might be time to ready a down payment and contact a real estate agent.

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