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November 15, 2024
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November 15, 2024

The Big Difference Between Renter and Homeowner Net Worth [INFOGRAPHIC]

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The Big Difference Between Renter and Homeowner Net Worth [INFOGRAPHIC]

If you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership.

Unlike renters, homeowners gain equity as they pay their mortgage and as home values rise.

That’s why, on average, a homeowner’s net worth is nearly 40x higher than a renter’s.

Let's connect if you want to learn more about the financial benefits of homeownership or the programs that can help make buying possible.

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Source: Keeping Current Matters

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

Keeping Current Matters is a trademark of Keeping Current Matters, Inc. CrossCountry Mortgage, LLC; its subsidiaries; and its affiliates have not been authorized, sponsored, or otherwise approved by Keeping Current Matters, Inc. or any of the above-mentioned companies.

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