The recent announcement by the Debt Commission that they are recommending the end of the Mortgage Interest Deduction has caused a great deal of upset around the country. Those who have recently purchased a home feel cheated, mortgage lenders are concerned about their ongoing business, and real estate agents and brokers around the country are rising up and asking their representatives to save the mortgage interest deduction, and thereby save the still-fragile housing market recovery. Without knowing how this will all turn out, is it still worth buying a home? There is a buy vs.rent calculator available for anyone to use at www.hudhomestore.com. Click on the Resources Tab, click on "Buy vs Rent" on the left side, and put in your information. Now, subtract the tax savings listed there, and you can see if it pays you to buy now, instead of renting. Of course, there is one issue that isn't addressed in this handy calculator--if you are renting and your landlord decides to sell the property, you will likely have to move. Or, if the landlord decides to let their son or daughter move in, you will have to move. And, can you be certain of your monthly rent expense fiveyears from now? Not only are there financial reasons to buy instead of rent, but the stability that comes from having complete control of your property can give you something money and tax credits can't buy....peace of mind. Call or email me today, and see what the housing market can offer you.