10. Home Buying - You have two options: rent an apartment for $1,000 a month or purchase a home for $200,000. Home mortgage interest rates are approximately 4%. You have $10,000 to use for a down payment and enough liquidity to cover other closing costs. Which do you choose? Why? What other information would you like? What are the advantages and disadvantages of owning a home vs renting? 10. Home Buying - You have two options: rent an apartment for $1,000 a month or purchase a home for $200,000. Home mortgage interest rates are approximately 4%. You have $10,000 to use for a down payment and enough liquidity to cover other closing costs. Which do you choose? Why? What other information would you like? What are the advantages and disadvantages of owning a home vs renting