Spending Your Income On An Affordable San Antonio Home makes more sense than Renting Don’t rent Don’t wait to buy! Why? Because spending 17% of your annual San Antonio income on owning a home makes a lot more sense than spending 21%! In 2012 the annualized median rent was $9600 versus $7,536.32 for owning a home. Today you can get a fixed rate conventional loan at or below 4.5% and still have over $2,000 to buy furniture! Here are the three main reasons why individuals continue to rent: Don’t have the down payment, Low credit scores, High debt. While in… Read More