Do You Know the Cost of Waiting? [INFOGRAPHIC]

    Do You Know the Cost of Waiting? [INFOGRAPHIC] by The KCM Crew on May 5, 2017 in First Time Home Buyers, For Buyers, Infographics, Interest Rates, Pricing Agents, did you know you can share a personalized version of this post? Learn more!  359 237 26 68 24 4 Do You Know the Cost of Waiting? [INFOGRAPHIC] | Keeping Current Matters  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 4.9% according to CoreLogic. Waiting until next year to buy could cost you thousands of dollars a year for the life of your mortgage!

    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 4.9% according to CoreLogic.
    • Waiting until next year to buy could cost you thousands of dollars a year for the life of your mortgage!

    Keeping Current Matters with Rinehart Realty

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