• Buy vs. Rent? How to Decide

    10 monthes ago - By RIS Media

    In decades past, some people opted to invest the money they had saved for a down payment and benefit from the hassle-free and lower-cost option of renting. Today, however, rental rates in some Canadian cities have risen so much that they're almost as much as a mortgage payment itself. So how do you decide when it's better to buy and when it's better to rent?
    Renting might be your best option if:
    You aren't ready to commit to a certain city. If you think you might end up moving in a few years and have to sell your home, you risk losing on your investment.
    You haven't saved up a down...
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