Buying a house is a pretty serious investment of money, a long-term one. This being said, renting can
be kept as a better option for some people, depending on their specific circumstances. The current
interest rates are incredible. A 30-year FHA mortgage can be locked in at a rate of around 3.5%. Since
the interest rates are so small, it actually can be more viable to pay a mortgage tomorrow, than
continuing paying your monthly rent today… But before you decide, ask yourself few critical things.
One of the most important questions to consider is the length you plan on staying in a home, if you
were to purchase. If the answer is a couple of years, then renting out is a smarter decision for sure!