Do Americans still dream of attaining home ownership in the year 2022? According to the 2022 Mynd Consumer Insights Report, people still consider homeownership as an important milestone to hit in life.
If you feel the same way, contact us at Reliance Financial Group to get a step closer to obtaining the house of your dreams. Read on to know why many still consider homeownership a key part of the American dream.
One of the many reasons why owning a home is held in high regard is because a house is a fantastic tool for building wealth; it gives you financial stability by locking in your monthly housing costs for the term of your home mortgage.
Homeownership is usually associated with wealth building since people who own houses have a higher net worth to the tune of 1,469% more than those who rent (excluding home equity). That percentage alone is one of the many reasons why people find homeownership attractive.
Plus, homeownership continues to increase an individual’s net worth, and it helps set up success for your children and grandchildren when they inherit your wealth.
According to Mynd:
“Most Americans (65%) see homeownership as a means of building intergenerational wealth.”
If you want to get closer to buying a home, apply for a Michigan home loan from Reliance Financial Group.
Besides the financial advantages of homeownership, owning a home also has an emotional and social impact. As stated by many realtors, ”it’s not just a purchase; owning a home is a lifestyle.”
It gives you a sense of accomplishment and responsibility. Here are other benefits of having a house of your own:
If you still hold true that the American Dream is about prosperity and freedom, then owning a home will play a huge part in helping you reach that dream. Due to the current state of the market, it might be hard to purchase a home, but there is an affordable way to make this dream reality.
Purchasing your first house is a big decision and a crucial part of the American dream. If you want to make your dream of owning a house reality, contact a Michigan mortgage broker from Reliance Financial Group to apply for a home loan.
We've been helping customers afford the home of their dreams for many years and we love what we do.
Company NMLS: 137288
www.nmlsconsumeraccess.org
3501 Rochester Rd
Troy, Michigan 48083
Phone: (248) 687-5250
Hours of Operation: 9:00 AM to 6:00 PM (EST)
info@rfgusa.com
Powered By LenderHomePage.com
Reliance Financial Group Inc strives to ensure that its services are accessible to people with disabilities. Reliance Financial Group Inc has invested a significant amount of resources to help ensure that its website is made easier to use and more accessible for people with disabilities, with the strong belief that every person has the right to live with dignity, equality, comfort and independence.
Reliance Financial Group Inc makes available the UserWay Website Accessibility Widget that is powered by a dedicated accessibility server. The software allows rfgusa.com to improve its compliance with the Web Content Accessibility Guidelines (WCAG 2.1).
Reliance Financial Group Inc accessibility menu can be enabled by clicking the accessibility menu icon that appears on the corner on the page. After triggering the accessibility menu, please wait a moment for the accessibility menu to load in its entirety.
Reliance Financial Group Inc continues its efforts to constantly improve the accessibility of its site and services in the belief that it is our collective moral obligation to allow seamless, accessible and unhindered use also for those of us with disabilities.
Despite our efforts to make all pages and content on Reliance Financial Group Inc website fully accessible, some content may not have yet been fully adapted to the strictest accessibility standards. This may be a result of not having found or identified the most appropriate technological solution.
If you are experiencing difficulty with any content on Reliance Financial Group Inc website or require assistance with any part of our site, please contact us during normal business hours as detailed below and we will be happy to assist.
If you wish to report an accessibility issue, have any questions or need assistance, please contact us by sending an email to: info@rfgusa.com