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Buying a House: The Cost If You Waited

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We often talk about the potential cost of waiting to buy a home. Today, we want to look at the actual cost for someone who waited over the last year. We used a 10% increase in house values as prices have gone up by double digits in the country on average. We looked at approximate mortgage rates last year compared to this year. Here is the impact on a monthly mortgage payment (principal and interest):



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One Response to “Buying a House: The Cost If You Waited”

  1. House Cost October 16, 2013 at 10:22 am # Reply

    I see it has been possible to earn some money. I think that it’s time to invest now.

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