Are you contemplating buying a home? If interest rates rising and home values increase what is the impact it could have on a house purchase in Tucson, AZ?
What to buy a home can cost your thousands of dollars over the life of your loan!
Check out the infographic below as to the impact of waiting to buy a home can have.
Some Highlights:
- 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 to 4.4% by next year.
- CoreLogic predicts home prices to appreciate by 5.0% over the next 12 months.
- If you are ready and willing to buy your dream home, find out if you are able to!