Apr 8, 2015

Wait a Year to buy a Home?

What could be the impact of waiting until April 2016 to buy your dream home?

The financial effect to your mortgage payment is significant. Consider:

  • The most recent Home Price Expectation Survey predicts that home prices will appreciate by 4.4% by the second quarter of 2016.
  • The latest Freddie Mac Primary Mortgage Market Survey shows the current 30-year fixed rate at 3.7%. Their projection for this time next year is that the rate will be 4.7%. (a full percentage point higher).

  • Contact me if you'd like to discuss your options before the experts' predictions become reality.
    [where: 75230]

    No comments: