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Liberty Rental Properties
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Price Stability
· Owning a home provides price stability. While a rent payment can change substantially from year-to-year, you will have the same monthly payment for 30 years under a fixed-rate mortgage.
· Even if you get an adjustable rate mortgage, your payment will stay within a certain range for the entire life of the mortgage.
· And interest rates today are running near historical lows and not nearly as volatile as they were in the late 1970s and early 1980s.
· Knowing their mortgage payments will stay the same month after month provides households with a sense of financial security and also acts as a hedge against inflation.
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