Do You Know the Cost of Waiting?

20170505-Cost-of-Waiting-KCM

 

Some Highlights:

  1. 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.
  2. 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.
  3. Waiting until next year to buy could cost you thousands of dollars a year for the life of your mortgage!

 

Questions about when to buy a home email Abraham@AskAWalker.com or give me a call at 703-539-2053.

 

 

Source Keeping Current Matters, The Cost of Waiting

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