Interest rates are projected to rise as the year goes on...
Some Highlights:
- The “Cost of
Waiting to Buy” is defined as the additional funds it would take to buy a
home if prices and interest rates were to increase over a period of
time.
- Freddie Mac predicts that interest rates will
increase to 4.8% by this time next year, while home prices are predicted
to appreciate by 4.8% according to CoreLogic.
- Waiting until next year to buy could cost you thousands of dollars a year for the life of your mortgage!
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