Is It Wiser To Rent Or Have A Mortgage?

In today's crazy real estate market, many are left wondering if it is wiser to rent than it is to take on the responsibility of having a mortgage. You may be surprised to learn that there are times when it makes sense to rent, and there are times when it makes sense to purchase a property and take out a mortgage. Kris Krohn breaks down some of the most popular examples of when it is appropriate to rent or own.