Trulia has released new data stating that owning a home may be a cheaper option in many metropolitan areas than renting this is great for Oregon Veterans using the VA loan to purchase.. According to the report, homeowners who stay in their homes for seven years will save approximately 38% when compared to those who rent. Jed Kolko, Trulia’s chief economist said, “even in these metros buying remains cheaper, thanks to mortgage rates that are still very low by historical standards.” A few of the metros mentioned are Chicago, Los Angeles, Dallas, Philadelphia, Washington, and Houston. More here
We provide a wealth of information to Oregon Veterans who would like to purchase and use their VA loan. Please take a look at our FAQ and VA Loan Overview section for basic information on the VA Loan Program and buying in Oregon.