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  • Should I rent or buy a house

    Blog

  • Should you rent, or should you buy a home?

    With inflation rising, you may be wondering if you should put your plan to buy on pause.
    Here is some information that should help you make your decision.

    This graph shows the medium asking rent since 1988.

    What stands out to me is how steadily it has been rising every year.

    If you are renting, ask yourself how many times has your rent gone up? Probably every time you started or renewed a lease. As inflation raises prices all around you, rent increases can be a hard pill to swallow these days.

    But when you buy a home, you can lock in your monthly payment for the length of your loan.

    Plus as you pay that loan off, and home prices continue to appreciate, you gain equity, which is the
    difference between what you own, and what the home is worth. This increases your net worth.

    Those are two things renting can't provide.

    If consistent payments, and growing your long term wealth are important to you, home ownership should be too.

    I can help you get there.

    I know what steps renters need to take to become homeowners.

    Let's connect to get started today. Simply call me at (651) 552-3681, or click the APPLY Link below.

  • With all that we have to offer, why risk it with anyone else? Apply NOW

  • equal housing lender Minnesota, wisconsin, iowa, north dakota, south dakota

    Cambria Licensed Mortgage Loan Officer serving home owners, home buyers and residential real estate investors. Equal Housing Lender, Cambria Mortgage NMLS #322798. I am a licensed mortgage originator, NMLS #274132, and am licensed to originate mortgage loans in: MN, WI, IA, ND, and SD. Lending services may be provided in certain states by Cambria Mortgage NMLS #322798. This is not an offer to lend or to extend credit, nor is this a guaranty of loan approval or commitment to lend. The information here may not be up-to-date and may no longer be accurate. Consumers must independently verify the accuracy and currency of available mortgage programs. All loan approvals are subject to the borrower(s) satisfying all underwriting guidelines and loan approval conditions and providing an acceptable property, appraisal and title report. Actual rates available to you may vary based upon a number of factors. Consumers must independently verify the accuracy and currency of available mortgage programs. All loan approvals are subject to the borrower(s) satisfying all underwriting guidelines and loan approval conditions and providing an acceptable property, appraisal and title report. © 2023 Joe Metzler

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