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