I am wondering if it would be better to buy a house when you have the full amount and buy it by paying fully for it? Or keep your cash and buy the house through a loan?
The reason is that if you buy it through a mortgage you may still keep your cash to use it in case of emergency or you can use it to have other projects. Also because of inflation reasons the interest rates of 4% shouldn't it be fair to compensate for the inflation? By the time the house is fully paid its cost should be the same of the total of the mortgage or even more?
Please your thoughts and discussions and suggestions are important to me to help me decide whether to get a mortgage and get me a house in houston.
Read more: Is it a good idea to buy a house on a mortgage?
