4 Reasons to Buy a Home Now
Posted by Tamara Williams on
Thinking of purchasing a home this summer? Here are four reasons why you should consider purchasing NOW!
1. Increasing Prices
Over the last twelve months, home prices have appreciated by 3.7% according to CoreLogic’s latest report on U.S. Home Price Insights. The projections over the next year reflect an additional appreciation of 4.8%. With increases like these, waiting to buy doesn’t make sense.
2. Mortgage Interest Rate Increase Projected
The Primary Mortgage Market Survey compiled by Freddie Mac reflects interest rates over a 30-year fixed-rate mortgage have started to average around 4.3%. Experts in the market are predicting the rate will increase over the next twelve months as well. Who are these experts you ask? The Mortgage…
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