Total Increase a Buyer May Pay if They Wait
This is an excerpt from an article I JUST READ .... and we are already at 4% nevermind were we will be by the end of the year!!
by THE KCM CREW on MAY 23, 2013 •
Earlier in the week, we explained that experts have projected that U.S. home prices will appreciate by approximately 5% in 2013. We also revealed the Mortgage Bankers Association, Fannie Mae and the National Association of Realtors have all projected that the 30-year mortgage rate will be at least 4% by the end of 2013. If we assume that prices and interest rates will rise as projected, here is the monthly difference a buyer may pay if they wait a year.
ANY OF YOU SEEING HIGHER RATES THAN 4% ? LET US KNOW
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