That may or may not be true, like others have said, unless you pay it off early there are huge interest charges (usually double the price the of the house) if you keep the mortgage for 30 years. Again planning on 15 years give or take. But it will be nice one day to finally not have to make a payment at which time that money can go towards building even more wealth.
I really can't stand throwing my money away to rent. It goes against my financial mindset.
