The Great Housing Debate: Buying vs Renting » Mortgage Masters Group

Concerned about risky mortgages reminiscent of the housing bust, the U.S. Department of Housing and Urban Development recently called for national groups to stop lending down payments to home buyers seeking Federal Housing Administration loans. Mortgage Master is a nationally trademarked company, established in 1976.

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This credit does not apply if the first time home buyer is buying a home from a relative. This tax credit is only available for purchases made between April 9, 2008 and July 1, 2009 for adjusted gross incomes of up to $75,000 ($150,000, if married, filed jointly) and phases out up to $95,000 ($170,000, if married, filed jointly).

Mortgage. demographic group that, notably, isn’t touring open houses or scouring online listings in search of their new homes. No prizes for guessing which one. Yes, far from buying new homes,

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The best way to look at the debate is this – no matter which option you go with, rent or own, you are paying a mortgage. It just depends on whether you are paying your own mortgage or someone else’s mortgage. In my opinion I would rather pay my own mortgage than cover someone else’s expense and let them get all of the benefits in the future.

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