Buying is still cheaper than renting

Recent research on the housing market reveals that it is still cheaper, up to 44% cheaper, to buy than to rent. These numbers, however, include a few key factors that must be present. These include planning to stay in your home more than seven years, itemizing federal tax deductions at the 25% bracket, and having a mortgage interest rate lower than 3.5%. These factors will vary depending on which part of the country you live in, so be sure to do region-specific research before making a decision. Read the full article here: