Housing

Is it Better to Rent or Own Your Home?

It’s June, so that means neighborhoods across the country are dotted with “Open House” signs all weekend. Thanks to a drop in home prices nationwide, it’s a buyer’s market. But the mortgage meltdown of 2008 taught us all that home ownership isn’t something to be taken on lightly and many have rediscovered the flexibility and simplicity of renting.

As part of an ongoing series, we asked Mint users and fans for their top home-buying questions and forwarded them on to some industry experts at CreditSesame.com. Click on the video above to find out the answer to the burning question: When is it better to own a home than to rent?