Rent Becoming Cheaper Than Mortgage

Rent Becoming Cheaper Than Mortgage
Photo by Aaron Sousa / Unsplash

Here's what you need to know.

As mortgage rates are skyrocketing rent prices have stayed near the same amount as before which is making mortgage more expensive than rent in current times.

Many individuals are shocked to see that rent prices are becoming cheaper than mortgage rates because of the high inflation. Many people are thinking about rent because of the high mortgage rates.

Economists are stating that the high mortgage rates are only temporary.