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Buying vs Renting: Which Is Right For You?

March 28, 2023

Man and woman with moving boxes

Should you renew your lease and keep on renting, or is it time to take the leap and buy a home? You may be currently enjoying the benefits of being a renter—maybe included utilities, free maintenance repairs, and an easier ability to move, among other reasons. Naturally, becoming a homeowner means trading these benefits for different ones.

There’s a lot that goes into the decision to buy a new home, and the current market can be complicated to navigate. Before deciding your next move, consider these things before making the final determination. You don’t have to make that decision alone. To help you take some of the guesswork out of your moving decisions, we’ve launched a new, all-in-one resource: the Renting to Home Ownership page. These are just a few of the items featured:

Benefits and drawbacks
Both renting and home owning have their pros and cons. It’s important to take these into consideration before jumping into a decision.

Mortgage Learning Center
Empower yourself with knowledge by looking through our specially curated collection of helpful resources.

Meet with an expert
Schedule an appointment with one of our dedicated mortgage specialists to review your situation and help you create a plan.

We hope to be your guide through all of life’s big milestones. Whether you’d like to continue to weigh the decision to buy a home or you’re ready to start shopping for mortgages, we’re here to help.