Don’t Let Your Luck Run Out [INFOGRAPHIC]

    Don’t Let Your Luck Run Out [INFOGRAPHIC]   Friday March 17th, 2017  First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing Don’t Let Your Luck Run Out [INFOGRAPHIC] | Simplifying The Market  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!

    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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