You are better to buy then rent . . . or are you? In flat or downward markets there are times when it can be quite advantageous to rent, but how do you know when that is the case. Follow this relatively simple calculation.
Is a cashback mortgage worthwhile? When does a lower interest rate exceed the value of the cashback? Here is the answer to the famous 1% cashback mortgage.
This article will provide a breakdown as to when a cash back mortgage exceeds the value of a standard mortgage at a lower rate.
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