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To Buy or Not To Buy a Home, We Asked the Experts

To Buy or Not To Buy a Home, We Asked the Experts

As more and more new Houstonians arrive, many are contemplating whether or not to purchase a home. Interest rates are as low as they have ever been, and yet, for long-time renters who have never made that plunge into home buying, there is often an uneasy feeling that another shoe could drop, that depending on your own economic situation, taking on a mortgage just may not be the best idea. In fact, more people than ever are renting. How do you know when to pull the trigger, to stop paying rent and start building equity in a home?

We spoke to Steve Kyles a mortgage loan officer with Legacy Mutual Mortgage Company. John Ridgway from Celtic Realty Advisors and Danny Frank, Chairman of the Houston Association of Realtors.

About the Author

Edel Howlin

Edel HowlinEdel is a producer on Houston Matters. She started as a reporter covering veterans' issues and the quirkier side of life in Houston. Before her time in public radio she worked for local commercial station Cox as an on-air personality, while volunteering at KPFT. In 2013, Edel received awards for her stories from the Houston Press Club, the Texas Associated Press Broadcasters Association and the Texas Veteran's Commission. Before radio, Edel earned a degree in statistics at University College Dublin, Ireland. Quickly realizing that statistics may not be the path for her, she switched gears and went back to study TV and broadcast journalism. Since 2005, she has worked for both local and national stations in Dublin, wearing many hats from news anchor to producer, and reporter. Edel was born and raised in Clane, Co. Kildare, Ireland. She’s lived in Houston since 2008 with her husband and daughter.View all posts by Edel Howlin →