Should You Buy a House? 8 Signs You’re Ready

Buying a house is a big commitment and one that you need to be mentally and financially ready to take on.
Should You Buy a House? 8 Signs You’re Ready
Down payment requirements are a percentage of the overall home price, and they can vary greatly depending on the type of home loan you get. William Potter/Shutterstock
Tribune News Service
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By Taylor Freitas Bankrate.com
Renting gives you the freedom to move when you want, without the responsibilities of homeownership. But at some point, most people yearn for their own home. Buying a house is a good way to start building financial security. As you pay down the mortgage, you build up home equity, which is a valuable financial resource.