Homeownership Helps Protect You From Inflation

Wondering if it makes sense to buy a home today even when inflation is high? Here are two things to consider.

1. When other costs go up due to inflation, buying a home helps you keep your monthly housing expenses steady.

“Not only will buying today help you begin to build equity, a fixed-rate mortgage can stabilize your monthly housing costs for the long-term even while other life expenses continue to rise – as has been the case the past few years.”

~ Freddie Mac

2. If you keep renting, it’s likely your landlord will increase your rent over time.

According to a recent survey, 65.1% of landlords say they plan to raise the rent of at least one of their properties within the next 12 months.

When inflation is up, having a stable housing payment can be helpful. Feel free to contact me so you can learn more and start your journey to owning a home today.

source: keepingcurrentmatters