Have you been watching the real estate market and wondering if now is the time for you to step up and purchase a home? Or maybe you are thinking you should wait until next year…
According to a recent Infographic created by Keeping Current Matters with stats from CoreLogic, Freddie Mac and Bankrate, there may be added costs if you decide to wait. These figures look at a forecasted rise in interest rates by the end of 2020 and a projected increase, or appreciation, in home prices in the next year.
So what could this mean for your home purchase? What additional funds would you need, or what would your house end up costing over time just for waiting a year? Check out the Infographic. It just might be worth buying now.
Infographic created by Keeping Current Matters.