Mortgage Rates Must Fall to 5.5% Before Buying Beats Renting
RealPage finds the 30-year mortgage rate would need to drop to about 5.5% for a median home's loan payment to match average apartment rent.
RealPage finds the 30-year mortgage rate would need to drop to about 5.5% for a median home's loan payment to match average apartment rent.
This story was originally published by Yahoo Finance. Use the link below to read the full article at the source.
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