Interest Rates Edition: The Cost of Waiting
Interest rates are projected to increase steadily through 2018, and heading into 2019. So are prices!
The higher your interest rate, the more money you will end up paying when you purchase your home and the higher your monthly payment will be.
If interest rates average 5.1% as expected in 2019 you will be paying an extra $105.47 a month on a $250,000.00 mortgage.
Rates are still low right now! If you are ready to start searching for your dream home, complete the GET IN TOUCH form on this page and a Real Estate Advisor | REALTOR® from Martin Real Estate Advisors Group | United Real Estate will get in touch with you to answer your questions, and be honored to assist you.