It might come as a big surprise to some people but with interest rates at record lows it might actually be cheaper in some States to Own a Home vs Rent.
This photo shows the cost of renting a home vs owning a home state by state.
In some states renting IS actually cheaper then owning a home.
However, buying a home in the state of Rhode Island can actually be less expensive then renting an apartment!
We have helped countless Rhode Island first time home buyers achieve their goal of home ownership.If you are tired of renting and have interest in becoming a home owner contact me today.We offer a first time home buyer program! We help you through the whole process and make buying a home fun!