The advertiser paid a fee to promote this sponsored article and may have influenced or authored the content. The views expressed in this article are those of the advertiser and do not necessarily reflect those of this site or affiliated companies. When do you know its time to stop renting and start owning? Purchasing a house, especially the first one, can be a scary decision for a family. Youre going to pay less for your mortgage -- PITI -- than youre going to pay for rent every single time, Clark said.