Renting provides _________ flexibility but can lead to _________ costs in the long-term.

Owning provides _________ flexibility but can lead to _________ costs in the long-term.

Which of the following statements about renting owning is CORRECT?

Typically homes ___________ over time and cars ______________ over time.

What is a lease?

One reason to buy a home instead of rent a home is:

John would like to move from the suburbs into the city, but the rent in the city is very high. John has found an apartment he really likes, but he can only afford about 60% of the monthly rent. What is the best housing option for John?

What is a mortgage?

Select the statement that is NOT a component of a standard housing lease.

The biggest factor in determining the price of a mortgage is:

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