https://files.keepingcurrentmatters.com/wp-content/uploads/2017/05/19155140/20170505-Share-KCM.jpg 315 600 The KCM Crew https://www.keepingcurrentmatters.com/wp-content/uploads/2023/01/KCMLogoFlatForDarkTM-300x39.png The KCM Crew2017-05-05 06:30:462017-09-29 15:59:52Do You Know the Cost of Waiting? [INFOGRAPHIC]
Do You Know the Cost of Waiting? [INFOGRAPHIC]
- 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!
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