[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f3tn9o90kke6lh":3,"$ffeh0925h8cuz":37,"$fbwk2pqjjqsc7":41},{"item":4,"previous":27,"next":32},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":25,"updatedAt":26},167,"buying-a-home-remains-38-less-expensive-than-renting","Buying a Home Remains 38% Less Expensive than Renting!","\r\n\r\nIn Trulia’s latest Rent vs. Buy Report, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage throughout the 100 largest metro areas in the United States.\r\n\r\nThe updated numbers actually sho...","","blog","https:\u002F\u002F\u002F","\u003Cimg class=\"alignnone size-full wp-image-29605\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2014\u002F11\u002FGoldfish-Home.jpg\" alt=\"Buying a Home Remains 38% Less Expensive Than Renting! | Simplifying The Market\" width=\"600\" height=\"315\" \u002F>\r\n\r\nIn Trulia’s latest \u003Ca href=\"http:\u002F\u002Fwww.trulia.com\u002Ftrends\u002F2014\u002F10\u002Frent-vs-buy-q3-2014\u002F\">Rent vs. Buy Report\u003C\u002Fa>, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage throughout the 100 largest metro areas in the United States.\r\n\r\nThe updated numbers actually show that the range is from an average of 17% in Honolulu, all the way to 63% in Detroit, and \u003Cstrong>\u003Cem>38% Nationwide\u003C\u002Fem>\u003C\u002Fstrong>! This is up from an average of only 5% cheaper in Honolulu in April.\r\n\r\nThe other interesting findings in the report include:\r\n\u003Cul>\r\n\t\u003Cli>Rents have continued to increase nationally even as home price increases are starting to slow. Current low mortgage rates have kept homeownership from becoming more expensive than renting.\u003C\u002Fli>\r\n\t\u003Cli>Some markets might tip in favor of renting next year if home prices increase at a greater rate than rents and if – as most economists expect – mortgage rates rise, due to the strengthening economy.\u003C\u002Fli>\r\n\u003C\u002Ful>\r\n\u003Cblockquote>\u003Cstrong>\u003Cem>Nationally, rates would have to rise to 10.6% for renting to be cheaper than buying – and rates haven’t been that high since 1989.\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nBuying a home makes sense. Rental costs have historically increased at a \u003Ca href=\"http:\u002F\u002Fwww.keepingcurrentmatters.com\u002F2014\u002F08\u002F13\u002Fharvards-5-financial-reasons-to-buy-a-home\u002F\">higher rate of inflation\u003C\u002Fa>. Lock in a mortgage payment now before home prices and mortgage rates rise as experts expect they will.","\r\nBuying a home makes sense. Rental costs have historically increased at a \u003Ca href=\"http:\u002F\u002Fwww.keepingcurrentmatters.com\u002F2014\u002F08\u002F13\u002Fharvards-5-financial-reasons-to-buy-a-home\u002F\">higher rate of inflation\u003C\u002Fa>. Lock in a mortgage payment now before home prices and mortgage rates rise as experts expect they will.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2014\u002F11\u002FGoldfish-Home.jpg",false,[17,21],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},11,"First-Time Buyers","first-time-buyers","2014-11-06T10:00:31Z","2014-11-06T15:39:39Z",{"id":28,"slug":29,"title":30,"featuredImage":11,"publishedAt":31,"contentType":10,"isVideo":15},166,"debunking-4-myths-about-buying-a-home","Debunking 4 Myths about Buying a Home","2014-11-05T10:00:20Z",{"id":33,"slug":34,"title":35,"featuredImage":11,"publishedAt":36,"contentType":10,"isVideo":15},168,"growth-of-hispanic-population-in-the-us-infographic","Growth of Hispanic Population in the US [INFOGRAPHIC]","2014-11-07T10:00:15Z",{"cover":38,"open":39,"shareSpread":40},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[42,46,47,51,55,59,63,64,68,72,76,80,84,88,92,96,100,104,108,112,116,120,124,128,132,136,140,144,148,152],{"id":43,"name":44,"slug":45},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":48,"name":49,"slug":50},6,"For Sellers","sellers",{"id":52,"name":53,"slug":54},7,"Foreclosures","foreclosures",{"id":56,"name":57,"slug":58},8,"Infographics","infographics",{"id":60,"name":61,"slug":62},9,"Home Prices","home-prices",{"id":22,"name":23,"slug":24},{"id":65,"name":66,"slug":67},34,"Senior Market","senior-market",{"id":69,"name":70,"slug":71},35,"Mortgage Rates","mortgage-rates",{"id":73,"name":74,"slug":75},38,"Move-Up","move-up",{"id":77,"name":78,"slug":79},41,"For Sale by Owner","for-sale-by-owner",{"id":81,"name":82,"slug":83},42,"Featured","featured",{"id":85,"name":86,"slug":87},45,"New Construction","new-construction",{"id":89,"name":90,"slug":91},52,"Luxury \u002F Vacation","luxury--vacation",{"id":93,"name":94,"slug":95},53,"Rent vs. Buy","rent-vs-buy",{"id":97,"name":98,"slug":99},80,"Time-sensitive","time-sensitive",{"id":101,"name":102,"slug":103},81,"Outdated","outdated",{"id":105,"name":106,"slug":107},147,"Internal","internal",{"id":109,"name":110,"slug":111},148,"Do Not Autopost","do-not-autopost",{"id":113,"name":114,"slug":115},320,"Inventory","inventory",{"id":117,"name":118,"slug":119},321,"Agent Value","agent-value",{"id":121,"name":122,"slug":123},322,"Affordability","affordability",{"id":125,"name":126,"slug":127},323,"Buying Tips","buying-tips",{"id":129,"name":130,"slug":131},324,"Downsize","downsize",{"id":133,"name":134,"slug":135},325,"Economy","economy",{"id":137,"name":138,"slug":139},326,"Equity","equity",{"id":141,"name":142,"slug":143},327,"Forecasts","forecasts",{"id":145,"name":146,"slug":147},328,"Selling Tips","selling-tips",{"id":149,"name":150,"slug":151},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":153,"name":154,"slug":155},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]