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Should You Buy a Home Now or Wait until Next Year?

by Sherry Carney

November 06, 2018

Should You Buy a Home Now or Wait until Next Year?

Should You Buy a Home Now or Wait until Next Year?

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  • The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
  • Freddie Mac predicts interest rates to rise another .50% by the third quarter of 2019.
  • Core Logic predicts home prices to rise by 5.8% over the next 12 months. Mortgage payments by 13.1%.
  • If you are ready and willing to buy your dream home, find out if you are able to….NOW!

      

Call one of our knowledgeable loan officers today for a no cost personal analysis for your housing situation!

By: Sherry.Carney@guarantytrust.com , Jeaninned@guarautytrust.com contributor.        

*Current vs. next year numbers are based on 30 years.

 

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