Is it a better time to rent or buy a home?

The median cost of renting a home around the U.S. has hit record highs for 16 straight months, with a typical apartment in June now going for $1,876, according to Realtor.com. So should that spur renters to take the plunge into home ownership? Not necessarily. On average, first-time homebuyers could expect their monthly payments to […]

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