I live in Missouri. Sorry if the flag in my profile wasn't a giveaway. ;)
Sorry ‘bout that.
Mortgage rates are great. Buy it. From a tax basis, owning is always better.
I’m thinking of retiring to Missouri. How are the real estate values? Is weather a beyotch? Conservative neighbors? Pretty places to go and see and campout?
Mortgage rates are really low right now at 2% to 3%. The advice right now is to buy now to lock into the lower rate before the market changes. So, many, many people are looking to buy now, which means buyers greatly outnumber houses available, which means home prices have skyrocketed.
But, you already live in the house you want to buy, so maybe you won't have to compete against other buyers if your landlord hasn't put your house on the market. On the other hand, your landlord might expect a higher price right now. Whatever you decide to do, good luck!