Mortgage rate discussion
The percent allocated to interest decreases over the term of the home mortgage, but not significantly until the end of the term on the loan. Determining whether you should buy or rent a property depends on your own financial situation. Analyze your budget and financial plan to determine what is best for you in the short and long term. In many markets right now, purchasing a property only for investment purposes is not beneficial financially. Historically, your returns will be much greater if you invest in the stock market.