subject: Obtaining the Lowest Mortgage Rates [print this page] Owning a home offers many advantages over renting. Owning a home is a very valuable and changeable asset. The home owner can modify the home or its property to increase the value, and it is a security that can be used as leverage in times of financial need. When compared with renting, owning a home is a much more practical and sensible investment. Instead of paying a landlord to make use of their investment, obtaining a mortgage is a way to move towards ownership of that valuable asset. Owning a home is simply a better investment and purchasing a home now is ideal for acquiring the lowest mortgage rates.
