Tired of handing over a rent check to your landlord each month? Ready to redecorate without needing to get approval? Or maybe you’ve outgrown that one-bedroom pad and are looking to stretch out. So when is it time to commit?
A lot of factors can impact your ability to purchase a house: interest rates, job stability, and the housing market, to name a few. Consider the following when figuring out whether renting or buying makes the most sense with your lifestyle—and budget.