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Posts from November 7th, 2024

Cutler Blog

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Mortgage Rates Recently Hit a 3-Year Low. Here's Why That's Still a Big Deal. 4 Reasons Your House Is High on Every Buyer's Wish List This Season Renting vs. Buying: The Net Worth Gap You Need To See Is Affordability Starting To Improve? The #1 Thing Sellers Need To Know About Their Asking Price

 

November
7

November 7th, 2024 by

Trying to decide between renting or buying a home? One key factor that could help you choose is just how much homeownership can grow your net worth.

Every three years, the Federal Reserve Board shares a report called the Survey of Consumer Finances (SCF). It shows how much wealth homeowners and renters have – and the difference is significant.

On average, a homeowner's net worth is nearly 40 times higher than a renter's. Check out the gr...

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