The Cost of Waiting until July 2015 to Buy a Home

 

 

 

 

 

 

Lets take a look at what the predictions of mortgage rates coming in at 4.8% and home prices increasing by 4% over the next year will do to your monthly mortgage payment at two different price points:

First Time Home Buyer Scenario

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Move-Up Buyer  Scenario

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Click here to read the full article over at KCM Blog and to find out more about the surveys that these stats are from!