Which of the following is an advantage of buying your home over renting?%0D%0A%0D%0A(1 point)%0D%0AResponses%0D%0A%0D%0AYou do not have to worry about the housing market in your area.%0D%0AYou do not have to worry about the housing market in your area.%0D%0A%0D%0AThe amount you pay each month is set by the terms of your mortgage.%0D%0AThe amount you pay each month is set by the terms of your mortgage.%0D%0A%0D%0AIf something breaks, you have to fix it or pay to have it fixed.%0D%0AIf something breaks, you have to fix it or pay to have it fixed.%0D%0A%0D%0AYour mortgage payments will far exceed the value of your home.
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The correct response that highlights an advantage of buying your home over renting is:
The amount you pay each month is set by the terms of your mortgage.
This means that unlike renting, where you may face increases in rent, your mortgage payment can remain stable over the term of your loan, typically providing predictability in your housing costs.
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