With interest rates at historical lows, it may be a good time to start paying your own mortgage down instead of someone else’s.
As reported by CoreLogic, (the leading provider of property insights and solutions)
2019 Saw the Fastest Annual Rent Appreciation Since 2016 US Single-Family Rents Up 2.9% Year Over Year in December.
Low rental home inventory, relative to demand, fuels the growth of single-family rent prices. The SFRI shows single-family rent prices have climbed between 2010 and 2019. However, overall year-over-year rent price increases have slowed since February 2016, when they peaked at 4.2%, and have stabilized at around 3% since early 2019. – CoreLogic