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I was reading through the news this morning and came across an article detailing how mortgage prices were at an all time low. At a 3.6 percent interest rate, it seemed the American dream should be in reach for everyone. Unfortunately, the immediate next article read, “Generation Rent—The Slamming Door of Home Ownership.” The last few years have been an interesting ride, to say the least, but the trend toward rental versus buying seems to be one of the most telling signs of the economy we recently have endured. However, if you were financially sound and established enough going into the economic storm and put a strategic plan in place, the last four years could have been profitable in many ways.
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- Nichole Stella
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