Are you buying or renting?  American homes have never been more affordable than they are today. Prices are down dramatically, mortgage rates are at record lows and desperate sellers are willing to make concessions. Still about one third of Americans choose to rent, despite the fact that 85 percent say owning makes more sense financially than renting over the long term. Why? Click here to find out.  Photo: AP
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Are you buying or renting? 

American homes have never been more affordable than they are today. Prices are down dramatically, mortgage rates are at record lows and desperate sellers are willing to make concessions.

Still about one third of Americans choose to rent, despite the fact that 85 percent say owning makes more sense financially than renting over the long term. Why? Click here to find out. 

Photo: AP

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