/biz/ - Business & Finance

>>56352119
Then buy rural and get a USDA loan with 0% down at 4.125%

Literally free money with T-Bills at 5.3%

>>55912215
If you're American you can easily buy with a mortgage right now. 4.125% rate with no money down.

You just have to live outside a major metropolitan area and it's adjacent suburbs, which 85% of Americans are unwilling to do.

>>55909705
It's lower than that in rural America. They get subsidized rates. 200k home is under 1k/mo.

>>55663653
No down payment required if you buy in a small town. Interest rate is 2.5% lower too.

>>55632428
If you are paying $800/mo in a Midwest town, chances are you are in a USDA eligible area and you can get a mortgage for $0 down and a 4.125% interest rate.

You are also comparing the rent for a 2 bedroom apartment to a house that doesn't share walls/ceilings. You should be comparing apartments to condos, although condos have less transiency and can set limitations on the percent that are rentals.

Homes rent for more than apartments, if you want acreage you're going to have a harder time finding it on the rental market than the resale market.

>>55564187