Buying a house used to be easy. You found a home you liked, applied for a mortgage and then paid it off over 30 years. That’s not the case in today’s market. Mortgages today are harder to obtain, and favorable terms are more difficult to come by. That’s why many Americans are choosing to just rent a home and wait until the housing crisis improves. In some cases, they’re actually saving more money than they would with a mortgage.