Should You Own or Rent? Plus a Trick to Finding Lower Interest Rates – 09/14/17

Today on the show, Bob talks debt today and some ways to get lower interest rates.

Should You Own or Rent? Plus a Trick to Finding Lower Interest Rates

Bob talks debt today and some ways to get lower interest rates.

That's a question that a lot of us face today. We aren't sure if buying makes sense. However, with lower interest rates - it does!

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That's really great advice! Thank you Bob. As a person in debt now, I think it makes more sense to rent, pay off debt, and then get a mortgage for a home. Even though a mortgage would cost lower than my rent, I'm not faced with unexpected mishaps like plumbing, AC, foundation, etc.

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@JudithParrish - Debt is just a season. Keep the course and make the payments. You'll find the right time and place to commit to a home when you are ready. When the numbers make sense, go for it.

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@JudithParrish, I was debating whether to buy a house or rent an apartment for another year recently too. Like you, it made more sense long term to pay off my car and student loans before adding another bill to my pile. Though renting is not ideal, I know I will be happy with the decision long term.

very wise -long term thinking you can never go wrong @runnergirl12 - renting does have its advantages!

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