Break my lease and buy?On July 1st I started a year long lease with my boyfriend. The rent is a good price, but just because I have been curious I have looked at homes for sale in the same area. I have found some amazing deals. Deals that would allow me to put maybe 3% down and have my mortgage payment be only a few hundred more than my rent payment. I know that interest rates are expected to stay low into 2015, but that worries me because I feel as though more people will want to buy, which will drive home prices up. I have started thinking about breaking my lease and buying. However, breaking my lease could cost me $2,000. Should I continue my lease and save and take the risk that home prices will be higher in 10 months, or should I break the lease and start putting in offers on these deals?October 03 2012 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.