Locked into low interest rates, or locked out of the housing market? ‘Nobody can afford anything now'
The top 10 cities where it makes most sense to buy than rent have the smallest differences between mortgage costs and rent. In most of these places...
The top 10 cities where it makes most sense to buy than rent have the smallest differences between mortgage costs and rent. In most of these places, a monthly mortgage payment is actually cheaper than rent. As the data shows, the difference between mortgage and rental costs varies widely by city. A wide variety of factors influence housing markets. 1. Surprise, Arizona Located just northwest of Phoenix and home to about 150,000 people, Surprise has the largest net difference between mortgage and rental costs.