[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f20n4wokdjss2l":3,"$ffeh0925h8cuz":50,"$fbwk2pqjjqsc7":54},{"item":4,"previous":38,"next":44},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":36,"updatedAt":37},1014,"whether-you-rent-or-buy-either-way-youre-paying-a-mortgage-2","Whether You Rent or Buy, Either Way You're Paying a Mortgage!","There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – \u003Cem>either yours or your landlord’s.\u003C\u002Fem>","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F02\u002F01114535\u002F20180205-Share-STM.jpg","There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – \u003Cem>either yours or your landlord’s.\u003C\u002Fem>\u003C!--more-->\r\n\r\nAs \u003Cem>Entrepreneur Magazine,\u003C\u002Fem> a premier source for small business, \u003Ca href=\"https:\u002F\u002Fwww.entrepreneur.com\u002Farticle\u002F286196\">explained\u003C\u002Fa> in their article, \u003Cem>“12 Practical Steps to Getting Rich”\u003C\u002Fem>:\r\n\u003Cblockquote>\u003Cem>“While renting on a temporary basis isn’t terrible, you should most certainly own the roof over your head if you’re serious about your finances. It won’t make you rich overnight, but by renting, you’re paying someone else’s mortgage. In effect, you’re making someone else rich.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nChristina Boyle, Senior Vice President and head of the Single-Family Sales & Relationship Management organization at \u003Cem>Freddie Mac,\u003C\u002Fem> explains another benefit of securing a mortgage as opposed to paying rent:\r\n\u003Cblockquote>\u003Cem>“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.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nAs an owner, your mortgage payment is a form of \u003Cem>‘forced savings’ \u003C\u002Fem>which allows you to build equity in your home that you can tap into later in life. As a renter, you guarantee the landlord is the person building that equity.\r\n\r\nInterest rates are still at historic lows, making it one of the best times to secure a mortgage and make a move into your dream home. \u003Ca href=\"http:\u002F\u002Fwww.freddiemac.com\u002Fpmms\u002F\">\u003Cem>Freddie Mac’s\u003C\u002Fem>\u003C\u002Fa> latest report shows that rates across the country were at 4.22% last week.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nWhether you are looking for a primary residence for the first time or are considering a vacation home on the shore, now may be the time to buy.","\r\nWhether you are looking for a primary residence for the first time or are considering a vacation home on the shore, now may be the time to buy.",false,[16,20,24,28,32],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},11,"First-Time Buyers","first-time-buyers",{"id":25,"name":26,"slug":27},35,"Mortgage Rates","mortgage-rates",{"id":29,"name":30,"slug":31},38,"Move-Up","move-up",{"id":33,"name":34,"slug":35},53,"Rent vs. Buy","rent-vs-buy","2018-02-05T10:00:06Z","2018-03-12T12:00:23Z",{"id":39,"slug":40,"title":41,"featuredImage":42,"publishedAt":43,"contentType":10,"isVideo":14},1013,"5-reasons-homeowners-can-throw-better-super-bowl-parties-infographic","5 Reasons Homeowners Can Throw Better Super Bowl Parties! [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F01\u002F25125455\u002F20180202-Share-STM.jpg","2018-02-02T11:00:17Z",{"id":45,"slug":46,"title":47,"featuredImage":48,"publishedAt":49,"contentType":10,"isVideo":14},1015,"millionaire-to-millennials-dont-rent-a-home-buy","Millionaire to Millennials: Don’t Rent a Home… Buy!","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F01\u002F24172026\u002F20180206-Share-STM.jpg","2018-02-06T10:00:15Z",{"cover":51,"open":52,"shareSpread":53},"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",[55,59,60,64,68,72,76,77,81,82,83,87,91,95,99,100,104,108,112,116,120,124,128,132,136,140,144,148,152,156],{"id":56,"name":57,"slug":58},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":61,"name":62,"slug":63},6,"For Sellers","sellers",{"id":65,"name":66,"slug":67},7,"Foreclosures","foreclosures",{"id":69,"name":70,"slug":71},8,"Infographics","infographics",{"id":73,"name":74,"slug":75},9,"Home Prices","home-prices",{"id":21,"name":22,"slug":23},{"id":78,"name":79,"slug":80},34,"Senior Market","senior-market",{"id":25,"name":26,"slug":27},{"id":29,"name":30,"slug":31},{"id":84,"name":85,"slug":86},41,"For Sale by Owner","for-sale-by-owner",{"id":88,"name":89,"slug":90},42,"Featured","featured",{"id":92,"name":93,"slug":94},45,"New Construction","new-construction",{"id":96,"name":97,"slug":98},52,"Luxury \u002F Vacation","luxury--vacation",{"id":33,"name":34,"slug":35},{"id":101,"name":102,"slug":103},80,"Time-sensitive","time-sensitive",{"id":105,"name":106,"slug":107},81,"Outdated","outdated",{"id":109,"name":110,"slug":111},147,"Internal","internal",{"id":113,"name":114,"slug":115},148,"Do Not Autopost","do-not-autopost",{"id":117,"name":118,"slug":119},320,"Inventory","inventory",{"id":121,"name":122,"slug":123},321,"Agent Value","agent-value",{"id":125,"name":126,"slug":127},322,"Affordability","affordability",{"id":129,"name":130,"slug":131},323,"Buying Tips","buying-tips",{"id":133,"name":134,"slug":135},324,"Downsize","downsize",{"id":137,"name":138,"slug":139},325,"Economy","economy",{"id":141,"name":142,"slug":143},326,"Equity","equity",{"id":145,"name":146,"slug":147},327,"Forecasts","forecasts",{"id":149,"name":150,"slug":151},328,"Selling Tips","selling-tips",{"id":153,"name":154,"slug":155},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":157,"name":158,"slug":159},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]