Owning a Home Helps Protect Against Inflation
& rdquo; Unlike leas, which tend to rise with time, a fixed-rate mortgage payment is predictable over the life of the home mortgage (usually 15 to 30 years).:
< img alt=""data-image=" "1000x750"data-image-focal-point="0.5,0.5"data-image- 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 hikes. With inflation still high, when your rental agreement comes up for renewal, your residential or commercial property manager might choose to increase your payments to balance out the effect of inflation. Here & rsquo; s why. & rdquo; Unlike leas, which tend to increase with time, a fixed-rate home mortgage payment is foreseeable over the life of the home mortgage (normally 15 to 30 years).:
< img alt=""data-image=" "1000x750"data-image-focal-point="0.5,0.5"data-image- 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 contract comes up for renewal, your property manager might choose to increase your payments to offset the effect of inflation. A steady real estate payment is particularly essential in times of high inflation.
https://www.reallistingagent.com/blog/2023/5/24/owning-a-home-helps-protect-against-inflation