[:en]Rent or Buy: Either Way You’re Paying A Mortgage[:es]Alquilar o comprar: De cualquier manera, usted está pagando una hipoteca[:]

Rent or Buy: Either Way You’re Paying A Mortgage | Simplifying The Market
[:en]There are some renters that have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage – either your mortgage or your landlord’s.

As The Joint Center for Housing Studies at Harvard University explains:

“Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return.  

That’s yet another reason owning often does—as Americans intuit—end up making more financial sense than renting.”

Christina Boyle, a Senior Vice President, Head of Single-Family Sales & Relationship Management at Freddie Mac, explains another benefit of securing a mortgage vs. paying rent:

“With a 30-year fixed rate mortgage, you’ll have the certainty & stability of knowing what your mortgage payment will be for the next 30 years – unlike rents which will continue to rise over the next three decades.”

As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to have equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity.

The graph below shows the widening gap in net worth between a homeowner and a renter:

Rent or Buy: Either Way You’re Paying A Mortgage | Simplifying The Market

Bottom Line

Whether you are looking for a primary residence for the first time or are considering a vacation home on the shore, owning might make more sense than renting with home values and interest rates projected to climb.[:es]Hay algunos inquilinos que aún no han comprado una casa porque ellos están incómodos tomando la obligación de una hipoteca. Todo el mundo debe darse cuenta que, a menos que esté viviendo con sus padres sin pagar alquiler, usted está pagando una hipoteca – sea su hipoteca o la de su arrendador.

Y el Joint Center for Housing Studies de la Universidad de Harvard explicó:

 “Los hogares deben gastar en vivienda sea que son dueños o alquilan. Ni siquiera contando con el tratamiento fiscal más favorable de ser propietario, los propietarios pagan servicio de la deuda al pagar su propio principal mientras que los hogares que pagan alquiler pagan el principal de un arrendador más una tasa de regreso.  

Esa es otra razón más por la que ser propietario a menudo – como los estadounidenses intuyen – termina teniendo más sentido financiero que alquilar”.

Christina Boyle, Vicepresidente de Head of Single-Family Sales & Relationship Management en Freddie Mac, explicó otro beneficio de asegurar una hipoteca vs. pagar alquiler:

“Con una tasa hipotecaria fija a 30 años, usted tendrá la certeza & la estabilidad de saber cuál será su pago hipotecario por los próximos 30 años – a diferencia de los alquileres que continuarán aumentando durante las próximas tres décadas”.

Como dueño, el pago de la hipoteca es un ‘ahorro forzoso’ que le permite tener plusvalía en su casa que puede usar más adelante en su vida. Como inquilino, usted garantiza que el arrendador es la persona con esa plusvalía.

La gráfica abajo muestra la brecha creciente del patrimonio familiar entre un propietario y un inquilino:

Alquilar o comprar: De cualquier manera, usted está pagando una hipoteca| Simplifying The Market

En conclusion,

Sea que usted está buscando por su residencia principal por primera vez o está pensando en una casa para las vacaciones en la costa, ser propietario podría tener más sentido que alquilar ya que el valor de las casas y las tasas de interés aún están proyectadas a aumentar.[:]

[:en]Rent or Buy: Either Way You’re Paying A Mortgage[:es]Alquilar o comprar: De cualquier manera, usted está pagando una hipoteca[:]

Rent or Buy: Either Way You’re Paying A Mortgage | Simplifying The Market

[:en]There are some renters that have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage – either your mortgage or your landlord’s. As The Joint Center for Housing Studies at Harvard ...

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[:en]Rent or Buy: Either Way You’re Paying A Mortgage[:es]Alquilar o comprar: De cualquier manera, usted está pagando una hipoteca[:]

Rent or Buy: Either Way You’re Paying A Mortgage | Simplifying The Market

[:en]There are some renters that have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either your mortgage or your landlord’s.

As The Joint Center for Housing Studies at Harvard University explains:

“Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return.  

That’s yet another reason owning often does—as Americans intuit—end up making more financial sense than renting.”

Christina Boyle, a Senior Vice President, Head of Single-Family Sales & Relationship Management at Freddie Mac, explains another benefit of securing a mortgage vs. paying rent:

“With a 30-year fixed rate mortgage, you’ll have the certainty & stability of knowing what your mortgage payment will be for the next 30 years – unlike rents which will continue to rise over the next three decades.”

As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to have equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity.

The graph below shows the widening gap in net worth between a homeowner and a renter:

Rent or Buy: Either Way You’re Paying A Mortgage | Simplifying The Market

Bottom Line

Whether you are looking for a primary residence for the first time or are considering a vacation home on the shore, owning might make more sense than renting with home values and interest rates projected to climb.[:es]Hay algunos inquilinos que aún no han comprado una casa porque ellos están incómodos tomando la obligación de una hipoteca. Todo el mundo debe darse cuenta que, a menos que esté viviendo con sus padres sin pagar alquiler, usted está pagando una hipoteca – sea su hipoteca o la de su arrendador.

Y el Joint Center for Housing Studies de la Universidad de Harvard explicó:

 “Los hogares deben gastar en vivienda sea que son dueños o alquilan. Ni siquiera contando con el tratamiento fiscal más favorable de ser propietario, los propietarios pagan servicio de la deuda al pagar su propio principal mientras que los hogares que pagan alquiler pagan el principal de un arrendador más una tasa de regreso.  

Esa es otra razón más por la que ser propietario a menudo – como los estadounidenses intuyen – termina teniendo más sentido financiero que alquilar”.

Christina Boyle, Vicepresidente de Head of Single-Family Sales & Relationship Management en Freddie Mac, explicó otro beneficio de asegurar una hipoteca vs. pagar alquiler:

“Con una tasa hipotecaria fija a 30 años, usted tendrá la certeza & la estabilidad de saber cuál será su pago hipotecario por los próximos 30 años – a diferencia de los alquileres que continuarán aumentando durante las próximas tres décadas”.

Como dueño, el pago de la hipoteca es un ‘ahorro forzoso’ que le permite tener plusvalía en su casa que puede usar más adelante en su vida. Como inquilino, usted garantiza que el arrendador es la persona con esa plusvalía.

La gráfica abajo muestra la brecha creciente del patrimonio familiar entre un propietario y un inquilino:

Alquilar o comprar: De cualquier manera, usted está pagando una hipoteca| Simplifying The Market

En conclusion,

Sea que usted está buscando por su residencia principal por primera vez o está pensando en una casa para las vacaciones en la costa, ser propietario podría tener más sentido que alquilar ya que el valor de las casas y las tasas de interés aún están proyectadas a aumentar.[:]

[:en]Rent or Buy: Either Way You’re Paying A Mortgage[:es]Alquilar o comprar: De cualquier manera, usted está pagando una hipoteca[:]

Rent or Buy: Either Way You’re Paying A Mortgage | Simplifying The Market

[:en]There are some renters that have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage – either your mortgage or your landlord’s. As The Joint Center for Housing Studies at Harvard ...

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