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! timgrissett.com
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