This morning, the CPI (Consumer Price Index) Report from the U.S. Bureau of Labor Statistics showed that rents for primary residences went up 3.8% from January 2019 to January 2020. We expect rental costs to continue to increase as home prices do. The bottom line is that if you’re tired of renting and the growing costs associated with it, you should consider purchasing a home now. As we approach historic low mortgage rates, take advantage of your new home increasing in value, rather than making payments toward your landlord’s mortgage! With options like No-Money-Down Loans, Down Payment Assistance programs, and Low-Down-Payment Loans (as little as 3% of the sales price), buying a home is easier than you think!