Owning a Home Helps Protect Against Inflation

& rdquo; Unlike rents, which tend to increase with time, a fixed-rate mortgage payment is foreseeable over the life of the home loan (normally 15 to 30 years).:

< img alt=""data-image="https://images.squarespace-cdn.com/content/v1/5b9ada8b2714e5f76f88a8a3/71a16137-bf0b-45c0-b9ab-4a452dfaad42/rents-increase-with-inflation-most-years.png"data-image-dimensions= "1000x750"data-image-focal-point="0.5,0.5"data-image-id="646e2ee9e02a246ccabf87d3" data-image-resolution ="1000w"data-load="false" data-src ="https://images.squarespace-cdn.com/content/v1/5b9ada8b2714e5f76f88a8a3/71a16137-bf0b-45c0-b9ab-4a452dfaad42/rents-increase-with-inflation-most-years.png" data-type =" image "src="https://images.squarespace-cdn.com/content/v1/5b9ada8b2714e5f76f88a8a3/71a16137-bf0b-45c0-b9ab-4a452dfaad42/rents-increase-with-inflation-most-years.png?format=1000w"/ > A fixed-rate mortgage allows you to protect yourself from future home mortgage enables. With inflation still high, when your rental arrangement comes up for renewal, your property manager might choose to increase your payments to offset the impact of inflation. Here & rsquo; s why. & rdquo; Unlike leas, which tend to rise with time, a fixed-rate home mortgage payment is foreseeable over the life of the mortgage (generally 15 to 30 years).:

< img alt=""data-image="https://images.squarespace-cdn.com/content/v1/5b9ada8b2714e5f76f88a8a3/71a16137-bf0b-45c0-b9ab-4a452dfaad42/rents-increase-with-inflation-most-years.png"data-image-dimensions= "1000x750"data-image-focal-point="0.5,0.5"data-image-id="646e2ee9e02a246ccabf87d3" data-image-resolution ="1000w"data-load="false" data-src ="https://images.squarespace-cdn.com/content/v1/5b9ada8b2714e5f76f88a8a3/71a16137-bf0b-45c0-b9ab-4a452dfaad42/rents-increase-with-inflation-most-years.png" data-type =" image "src="https://images.squarespace-cdn.com/content/v1/5b9ada8b2714e5f76f88a8a3/71a16137-bf0b-45c0-b9ab-4a452dfaad42/rents-increase-with-inflation-most-years.png?format=1000w"/ > A fixed-rate mortgage allows you to protect yourself from future rent enables. With inflation still high, when your rental agreement comes up for renewal, your residential or commercial property manager may decide to increase your payments to balance out the impact of inflation. A stable housing payment is especially essential in times of high inflation.

https://www.reallistingagent.com/blog/2023/5/24/owning-a-home-helps-protect-against-inflation