What to do in 2010: Rent or Buy a home?

Five questions every potential buyer should ask when deciding whether to rent or buy a home

First time homebuyers have a lot to consider this summer when making the decision to rent or buy a home: interest rates are at all-time lows, there’s still plenty of housing stock and prices are at or near their lowest in years. Still, deciding whether to buy a home or rent an apartment can be a complicated decision. How do you know what’s right for you? Potential buyers should ask themselves several key questions before making this important decision.

  1. What will monthly costs be, and can I afford the payments?
    Keeping mortgage payments under 30 percent of your monthly income is a good rule of thumb. If you can’t keep mortgage payments below that, you may be better off renting for awhile.
  2. What other debt do I have?
    Total rent or mortgage payments plus credit obligations should not exceed 35 to 40 percent of monthly income.
  3. What is my credit score? Can I qualify for a good interest rate?
    A high credit score indicates strong creditworthiness, and that qualifies you for better interest rates on a mortgage. Maxing out on your credit lines and paying bills late will lower your credit score. The impact of a credit score on interest rates can be significant. For instance, a borrower with a score of 760 could pay nearly two percentage points less in interest on a mortgage than someone with a score of 620. Lower interest rates also mean lower monthly payments. If your credit score is low, you may want to delay buying a home until you can improve your score.
  4. How much will taxes, monthly maintenance, or other fees cost?
    Owning a home means you’ll have to pay real estate taxes and other costs like insurance and maintenance. On the other hand, owning a home brings big tax savings at the end of the year. As a renter, the owner pays those costs for you.
  5. How many years will I stay here?
    Generally, the longer you plan to live someplace, the more it makes sense to buy. You’ll build equity in your house and its value is likely to increase over the years.

You can also use ABA’s Rent vs. Buy Calculator by clicking here.

Article reprinted with permission from the American Bankers Association. For more information visit their website.

Print Friendly, PDF & Email

25 comments to What to do in 2010: Rent or Buy a home?

  • … [Trackback]

    […] Find More here on that Topic: stlouisrealestatenews.com/real-estate-market/real-estate-market-general/what-to-do-in-2010-rent-or-buy-a-home/ […]

  • … [Trackback]

    […] There you can find 77067 additional Info on that Topic: stlouisrealestatenews.com/real-estate-market/what-to-do-in-2010-rent-or-buy-a-home/ […]

  • … [Trackback]

    […] Find More on to that Topic: stlouisrealestatenews.com/real-estate-market/real-estate-market-general/what-to-do-in-2010-rent-or-buy-a-home/ […]

  • … [Trackback]

    […] Find More Info here on that Topic: stlouisrealestatenews.com/real-estate-market/what-to-do-in-2010-rent-or-buy-a-home/ […]

  • great issues altogether, you simply received a new reader. What would you suggest in regards to your publish that you just made a few days ago? Any sure?

  • … [Trackback]

    […] Find More here to that Topic: stlouisrealestatenews.com/real-estate-market/what-to-do-in-2010-rent-or-buy-a-home/ […]

  • … [Trackback]

    […] Information on that Topic: stlouisrealestatenews.com/real-estate-market/real-estate-market-general/what-to-do-in-2010-rent-or-buy-a-home/ […]

  • Thanks for another magnificent article. Where else could anyone get that kind of info in such an ideal way of writing? I have a presentation next week, and I am on the look for such information.

  • As a Newbie, I am always searching online for articles that can be of assistance to me. Thank you

  • There is noticeably a bundle to learn about this. I assume you made certain good factors in features also.

  • We are a group of volunteers and starting a new scheme in our community. Your site provided us with valuable information to work on. You’ve done a formidable job and our entire community will be thankful to you.

  • I have been reading out some of your posts and it’s pretty clever stuff. I will definitely bookmark your website.

  • Some people however pay so much cash at one time to raise the chance of successful.

    The system where betting money is through your financial institution is
    safe to work with, and the transaction is all the time between your account and the Ladbrokes.
    Simple system described in steps. Many are simple folks simply struggling to
    get by. This information supplies all the data it is advisable get
    into the sport. However the factor is that to increase your probabilities of successful,
    you need to position a guess every day. Instead, you are able to get all the information you need from that very same site.

    As long as the proprietor of the Bitcoin looks
    after it properly using a excessive-safety wallet and two-issue authentication,
    it will be extraordinarily tough for anybody else to get access to
    their funds. At any point, nonetheless, the bookie can leap in and make changes to the
    strains that are available to his gamers if is aware of he might be getting heavy one sided action.

    In case you are a kind of individuals who doesnt like cats, Im sorry to listen to that.
    For the above instance, it would appear to be -7.5 (-110).

    Other gamers can legally purchase Mega Tens of millions
    Lottery tickets on-line by way of the lottery agent you see talked about above.

    For example, MEGA Millions is a multi-state lottery and
    it operates in eleven states. As an example, you wouldn’t want to pick simply any race horse
    in hopes of winning a guess. 5. Bet on sports by
    inserting your wager. When you click on on the sport of your choosing make
    sure to bookmark the web page so you’ll always have the most present and up to
    date sports betting odds at your disposal.
    On this technique, you might choose a low quantity from the given set such as 1-50 like 1.

    Some profitable numbers have two consecutive numerals, though
    not on a regular basis. And then with the time you saved do something more productive than you’d have completed acting
    like a poor person.

  • I need to to thank you for this wonderful read!! I certainly enjoyed every little bit of it. I’ve got you book-marked to look at new stuff you post…|

  • Agen Slot Joker123 Terpercaya in Indonesia

    Speaking of existing trends, internet technological innovation is
    now more complex that has made typically the online gambling business grow.
    In case you are enthusiastic about trying slot video games,
    we would suggest a best in addition to trusted online betting site
    in Dalam negri known as Joker123. This provider offers various types
    of games that are associated with international standard, just about all available games are usually guaranteed to be official as nicely as quality.

    Slot Joker123 or also known as slot joker388 is the superior game in contrast to other casino
    games, because this game is fairly fun it does not require the lot of unique strategies.
    Just waiting for luck to arrive to get abundant profits.
    Here gamers will also not have to get easily bored because Joker123 provides a number of00 slots game designs with sharp plus attractive graphics.
    For that we want in order to introduce agen joker123 terpercaya site, Betberry.

    Indeed there are many situs joker123 that provide different types of online games you
    can find on typically the internet but not most
    of these sites offer services that are usually in accordance together with
    what members want. Only Betberry gives professional services in addition to quality gambling video

    Play Slot Joker123 on Betberry
    Regarding those of you who will be interested plus want to instantly try the online game within the situs
    joker123, you are able to immediately sign up for and register as a
    member through the agen slot joker123 via the Betberry
    site. Through this site, you may sign up by entering the particular registration menu, and
    then filling out the shape provided.
    How to register is extremely easy, merely by filling up out
    the enrollment form with your identity completely in addition to correctly, also prepare telephone numbers, e-mail addresses which are still active, and account numbers that will later be employed by
    people to carry out there financial transactions this kind of as
    deposits or withdrawal of the cash won.
    If you need to sign up for, visit the site at Betberry in addition to
    enter the registration page. After completing registering,
    players could make deposits by means of
    well-known Indonesian banking institutions such as BCA, BNI,
    BRI, CIMB, and Mandiri. Additionally , players can furthermore use other strategies of conducting dealings, such as through the OVO application, Gopay,
    Dana, or Website link Aja.

    Link Download Aplikasi Joker123 For Android / IOS
    Maybe you are one of those gambling fans who you do not have
    the range of motion time for you to go to the city.

    No issue now players can access online gambling for real funds through agen slot Joker123,
    Players may enjoy all the particular games available by means of mobile devices by download aplikasi joker123.
    The application form can become played through iOS and Android products.

    So, whenever plus wherever you happen to be, participants can always appreciate playing all sorts of the particular best slot styles that
    members can discover, among some associated with the
    famous joker388 slots namely Monster Power Flame, Lucky Valentine Slots,
    Great Blue Slots, and many other headings that are a pity if you need to player overlook.

    Access will furthermore be easier due to the fact we provide a good alternative link, joker388.
    There is simply no difference between the two sites.
    Just about all the features that will members find on the principle website could possibly be
    enjoyed through option links. So just what are you waiting for?
    Register oneself now and luxuriate in the particular best gambling experience you can find on the web.

  • Very descriptive blog, I enjoyed that bit. Will there be a part 2?

  • Situs Daftar Joker123 Online

    Today, gambling games have evolved directly into something
    fun, anxious at the exact same time bring many benefits.
    Maybe you usually are one of the many people feel bored when in home because there is no activity, if you need entertainment activities that will fill the moment while at residence, the answer will
    be playing gambling online.
    To be able to be able to enjoy online gambling video games, of course the essential thing to do is
    usually to find the best plus most trusted site that works extremely well as a play partner, among our recommended websites is Joker123.
    For those of you who don’t want to get caught up within cyber crime plus don’t want
    to take the time buying trusted wagering site, you can just daftar joker123
    via Betberry.
    Why daftar joker123? By becoming a fellow member on joker123, you can get numerous interesting
    and helpful features. Not just providing attractive and quality games but
    also professional licensed services. Registration can also be
    very easy, simply takes a telephone number, an active
    current email address and an bank account to conduct economic transactions.
    You could register through the recognized agent at Betberry by visiting the website, then filling away the registration form around
    the registration web page, or for a lot more convenience.

    Types of the Finest Game Joker123 Alternatives
    When you daftar joker123, players can play a number of00 existing video games.
    Starting from popular wagering games such because casinos and slots to some exotic gambling games that only players can locate on certain sites.

    The following are some options of the best game joker123 that users can play:
    – Slot
    The first online game that players can enjoy
    with Joker123 is actually a slot gambling game with visual high quality that will
    really mess up your eyes. Find hundreds of the best slot
    headings that will come from the leading slot sport provider sites inside the
    online wagering industry. Titles such as Dragon of typically the Eastern Sea, Outrageous Protectors, Bagua, Wild
    Fairies, etc. could be used only one user IDENTITY.

    – Casino
    Another kind of game of which players can play with Joker123 is online casino.
    Probably some games like baccarat, sicbo or even dragon tiger are already very acquainted to the hearing or
    even a person often play these people. But , in add-on to these games,
    players can also enjoy exotic sorts of games of which cannot be found anywhere else including the game of souple ball and stem.

    – Shoot fish
    The last but not least interesting is fish shooting.
    This type of game is arguably continue to new in the particular world of wagering, but once typically the game
    is so successful gain reputation as the game is very exciting in addition to simple
    to play.

    Easy Access through Joker388 Option Links
    Players can also access all game joker123 via the alternative Joker388 website link.
    Through this link the game you want is going to end up being free of prevent and can end up being accessed when you want.

    The alternative links that we supply have similar facilities
    because the main website, to ensure that players do not need to worry when playing on alternative sites.

    Well besides that, their 2 to stay away from down servers in order that players
    can get entry more easily, comfortably and also securely to learn. So exactly what are you holding out for?
    All the particular features and rewards you would like are available here.

    Daftar joker123 instantly and sign up for millions of additional players from across Indonesia.
    Good fortune!

  • I really like your blog.. very nice colors & theme. Did you create this website yourself or did you hire someone to do it for you? Plz reply as I’m looking to design my own blog and would like to find out where u got this from. appreciate it|

  • Bandar Judi Joker123 Online
    For anybody who are now searching for activities
    to pass time whilst at home, there exists such a factor as the joker123 sport.
    Not only does it provide pleasure and drive off boredom
    in your leisure time, a person can also help to make lots of money.
    Yes, in contrast to before where betting is recognized as something that is not helpful,
    now gambling has changed into a business activity that produces.

    Therefore, in this article we would such as to introduce a new site
    that provides been confirmed in a position of providing the most effective service in their class named Joker123.
    Bandar Judi Joker123 is a city that provides a number of00 quality video games and international common. Betberry has worked with with
    a of the best gambling game provider sites because of its
    loyal customers within Indonesia.
    Types regarding Game Joker123
    Inside the game planet itself there are many types that can be played
    by players. However, sometimes there are still numerous
    beginners who ask questions and don’t understand the type getting played.
    In typically the following, we will certainly clarify some of the
    obtainable types of game joker123:
    Online Slots
    Slot machines is one associated with the oldest online games in the world, this game is found in every land
    casino. Right now slots can end up being enjoyed by players in the on-line betting industry,
    this can be stated that slots are the particular most easily recognized and played game joker123.

    For individuals of you who are still new in the planet of gambling,
    players can start out of this game because to try out it, players do not need special strategies to be able to win.
    Online On line casino
    The second is the the majority of popular online betting,
    casino. Casino contains several types associated with games that gamers
    can enjoy for example baccarat, roulette, black
    jack, sic bo and dice, dragon gambling, etc.
    Here are available a number of00 interesting casino games that will players can enjoy with only
    a single user ID. Players could also choose among classic
    casino games or live video games that are directly serviced
    by dealers.
    Shoot fish
    Fish shooting is perhaps the most recent kind of game in the ranks of
    the world’s online gambling game. The method to play is
    also easy, here participants will fight with other players in order to
    hunt for fish that will produce typically the most prizes.

    In this fun game, players need information regarding chances on fish varieties and
    special guns that require specific skills to earn the game.
    The a lot more fish you will get, the particular more profit the ball
    player can bring home.

    Bandar judi Joker123 also provides large access since you may play
    it via the Joker123 apk. Yes, what you just have
    to carry out is download the aplikasi joker123 to be able
    to be installed to the mobile device you have
    both Android in addition to iOS. That approach you can play different types of favorite
    games whenever and wherever players are usually.
    Apk joker123 can even be downloaded for totally free, now you can register as a member
    via an official gambling agent via Betberry to obtain a user ID plus enter the internet site to download typically the application. All
    obtainable games are certain to have responsive performance and highest
    visual appearance because it has been prepared with one of the most revolutionary technology.

    So what are you waiting for? Right away register yourself in the Betberry gambling agent website to savor all the game
    joker123 with thousands of other gamers around the planet.
    Have a very good play!

  • Hello there, I found your site via Google while searching for a related topic, your site came up, it looks good. I have bookmarked it in my google bookmarks.

  • The Best Joker123 Slot Internet site

    In an age of increasingly complex technology, nice regarding online gambling is
    increasingly in requirement with the people associated with Indonesia.
    More as compared to thousands of broker sites that offer the very best gambling products you
    could find on the Internet. Unfortunately not all sites provide solutions according
    to your expectations. One of the best slot machine game sites that provides been fairly lengthy is Joker123, this
    specific provider provides typically the best features supplied to its members.

    Joker123 Slot Services Features
    Many regarding the thousands of members are
    positive to find the best site along with its services, simply by joining
    the situs joker123 slot you are able to enjoy the greatest international standard gambling service features.

    For this reason, we are going to give you adequate good join Joker123, like the

    Recognized Certificate
    The 1st and most important thing for a bookmaker to get is a great official license because a permit to undertake
    business operations. This license is released by the official
    agency that regulates the gambling market in the region in procedure.
    In essence, insurance firms this permit, they have passed due persistance
    and it is tested capable of providing professional services to
    its customers.
    Attractive Show
    The second function that is owned is a very attractive appearance and pampering
    eyes. As a game joker123 slot provider, regarding course the key appeal is the aesthetic
    appearance, including the particular game.
    Joker123 gives players a online game with software that will is very receptive and graphics which are extraordinary, members can play
    for hours without feeling fed up or disappointed.

    24 Hour Customer support
    Are usually you someone new to online wagering? If so,
    Joker123 is the greatest spot to start. Why? Because here almost all the conveniences are available.

    No need in order to feel afraid or even confused due to every single difficulty that
    users face, you may straight contact customer support that will continues online twenty-four hours.
    Joker123’s customer service will serve members in a friendly
    and professional way.
    Complete game
    All the games of which you like could be found simply by members
    like internet casino, joker slot, shooting fish, or other popular games just like live casino of which players can take pleasure in using just one customer ID.
    Only one time to register and simply requires a few moments, players can also enjoy all types of
    online games offered by joker123.
    Secure Transaction
    All monetary transactions that players do with us are guaranteed risk-free because this provider has been equipped with an protected security system.
    In addition , the official slot machine site in Philippines
    has additionally collaborated with various well-known regional banks such as BNI, BRI,
    BCA, Mandiri, and CIMB Niaga. If a member wants to make use of another method, the particular joker slot site also provides repayment methods
    through OVO, Gopay, Link, via its official Betberry agent in Dalam negri.

    Easy Access
    No want to worry due to the fact game access will be blocked because right now there are many highways that players may
    use to take pleasure in the sport. Use the particular alternative
    link offered if member has difficulty accessing the particular game
    through the primary website. Game Joker123 Slot can even be
    liked by players about iOS and Google android devices.
    Download the application form and directly enjoy the game by means of the mobile system that you have.

    Biggest Cashback Reward Promo
    Which broker provides you with abundant bonuses if it’s not the particular
    situs joker123 slot. Only here users can benefit so much, not only from
    the wins that participants get but likewise cashback bonuses of which players can acquire every week.

    Compared to similar sites, the cashback given by simply joker123 is typically the biggest!

  • Situs Joker123 Terbaru
    Online gambling games in Indonesia are increasingly
    well-known and growing following the mushrooming associated with several gambling online
    internet sites that provide the best plus most trusted gambling games for followers
    in the nation. One of them is the Joker123 site which often offers a number of00 online games such as casino gambling, slots, and most recently
    Besides the complete game, Joker123 is also in a
    position to serve their customers with expert servants. All the games are quality because they come through
    the best gambling software provider firms in its class.
    So do not really be surprised if the games provided by joker123 always appear with sharp images and responsive overall performance.

    On the other hand, joker123 also provides
    many exciting functions that provides even more convenience to the customers.
    These characteristics make users with this site gambling solutions more comfortable
    in addition to loyal to stick around attached with
    it. The particular following are some of the advantages that are essential so that
    you can know.

    Friendly and Professional Support
    Being a company employed in tourism plus entertainment, of course friendly and professional services is the main weapon that must be owned by this specific site.
    Therefore , our own customer service always works online round the clock to help consumers that are confused concerning the games provided.

    For those regarding you who have difficulty or confusion when playing,
    usually do not be reluctant to ask queries and ask with regard to help
    because consumer service will usually guideline
    you until almost all problems can become resolved.
    Secure and Comfortable Purchases
    For those of a person who want to play gambling on joker123 with a
    sense of comfort related to economic transactions. Register
    yourself through the recognized Betberry agent internet site on its website at Betberry.
    By registering as a member at Betberry, players will get as
    convenience related to financial purchases.
    Betberry has collaborated with various recognized local banks inside Indonesia such because BCA, BNI, BRI,
    Mandiri and CIMB Niaga. In inclusion, if you wish to carry out transactions
    with other procedures, you can furthermore use other apps such as OVO,
    Gopay, and simply the hyperlink.
    Easy Game Entry
    Players can access the game at any time you want.
    Login joker123 through your own laptop, computer or even smartphone, you may directly
    link to the sport that the player wants. It simply requires one
    consumer ID to login joker123 and play almost all available games.

    Benefits of Login Through Joker388
    Many followers of gambling video games from Indonesia are always complaining about the difficulty of access to the sport since it is blocked simply by
    the Indonesian government block such as optimistic internet or notifications.
    Blocking similar to this could be overcome by utilizing an application such as VPN, nevertheless alternatively by making use of VPN, it means you might be sacrificing internet velocity.

    Yes, using VPN will greatly impact the speed of the particular internet network that players use.
    Especially for people that like live games, the reduced speed of the internet network caused by simply VPN will be very troubling to the connection with playing online wagering.

    But don’t get worried because Joker123 previously includes a definite solution to this issue using the latest alternative site, namely joker388.
    By logging in joker388 means you are also login joker123.

    Presently there is absolutely no difference between the login joker123 and a login joker123, in essence, these kinds of
    two sites will certainly take the player to the same spot only through a different door.

    Anytime a player wants to play through joker123, the player just has to login to the site making use of the user ID that the associate
    needs to play the sort of game that typically the player wants.

    Games on joker123 have also been verified to be of
    high quality because they have got an official license.

    So what are you waiting regarding? Play
    now typically the game too, great luck!

  • Agen Judi Tembak Ikan Joker123
    Gambling online games are now significantly being looked in by people close to the world
    because activities that can be done to fill spare time.
    Besides being fun, this game also has clear advantages.

    Because many people are getting severe on the internet gambling industry to supplement their particular income.

    One site that provides online wagering services is recognized as Joker123.
    Situs Joker123 provides various types of gambling games. Ranging from popular ones such as
    slot games and casinos, to exotic betting games that can be found in certain places these
    kinds of as agile basketball or casino.
    One of many games that started to be the mainstay from the
    joker123 is typically the game tembak ikan joker123. This online game continues to be provided applying
    the latest technology so that the resulting display is clearer,
    the sport performance is a lot more responsive and your current playing experience may also be more enjoyable.

    Selection of the particular Best Game Tembak Ikan Types
    For those of you who don’t know very well what a game tembak ikan is, this game is in fact much like an games game where participants
    may play fishing along with other players through all over typically
    the world. Each of these seafood will produce a nominal amount of funds according to the type and size
    of the particular fish themselves.
    Unlike slot games, simply waiting and counting on luck, tembak
    ikan joker123 is likely to prioritize the talent, accuracy and reliability of the players
    in shooting is absolutely necessary. Besides typically the
    bullets that are used must also come by players along with capital, your choice to make use of bullets inside hunting fish will certainly
    also be taken into consideration.
    There are several fish gambling sport titles that gamers can play with Joker123, including:

    – Fish Hai Ba.
    – Fish Hunter 2 Super EX.
    – Golden Toad Fish Hunting.
    – Da Sheng Nao Hai Fish Hunter.
    – Li Kui Po Yu’s Fish Hunter.
    – Awaken monster.
    – and so forth.
    For anyone who want in order to join in game tembak ikan joker123, the way will be very easy.
    Simply register yourself through its official broker in Indonesia,
    particularly Betberry. Visit the established link official and your registration page to register.

    Fill up in the enrollment form with full and correct identification and simply
    a few minutes, you will definitely get a user ID that can be utilised to access the whole game.
    Regarding more convenience.

    Link Download Joker123 APK
    To play provided simply by the situs Joker123, players have a couple
    of choices. First, users can play it through a computer browser,
    laptop, or perhaps mobile device they have. This way may be very
    necessary for players who need to play without
    having burdening the device’s memory.
    However, the particular player must also come with an internet
    system that is very secure because throughout the game
    you may be linked through the web network, so regarding members who want to play seafood
    gambling in this way, we all recommend that users play through the WiFi network.

    The particular second option will be to download or download joker123 on your game device or in this situation to
    a cellular device such since a smartphone or tablet computer.
    Joker123 apk may be performed via a mobile device either Android or iOS so access to
    the game is going to be easier.
    Downloading joker123 apk will also allow it to be easier so that you can perform, because it
    demands memory that does not take up a lot of space.
    It also will not require an extraordinary internet system to play this game through the apk.

    The choice comes back to you, which one is usually more comfortable to use, which will be certain to choose only
    Betberry since a partner broker to play wagering
    and download joker123 apk now. Possess a nice perform!

  • Hi i am kavin, its my first time to commenting anywhere, when i read this article
    i thought i could also create comment due to this sensible post.

  • Hello! Do you know if they make any plugins to help with Search
    Engine Optimization? I’m trying to get my blog to rank for some
    targeted keywords but I’m not seeing very good gains.

    If you know of any please share. Thanks!

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>