What is the Cost of Waiting Until Next Year to Buy a Home?

Curious about the cost of waiting until next year to buy a home? This information shows you in the most graphic way possible What a rise in interest rates would mean to you in terms of higher payments, equity, and long term price of the home.

 

Some Highlights:

  • The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
  • Freddie Mac predicts interest rates to rise to 5.1% by the end of 2019.
  • CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months.
  • If you are ready and willing to buy your dream home, find out if you are able to!
  • We’re here to help. Call us at 505-504-1101

Bunny Terry 505.504.1101

20 Vereda Serena Santa Fe, NM 87508