**The “Cost of Waiting to Buy” is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time.
**Freddie Mac predicts that interest rates will increase to 4.8% by this time next year, while home prices are predicted to appreciate by 4.9% according to CoreLogic.
**Waiting until next year to buy could cost you thousands of dollars a year for the life of your mortgage!
Call Us Today at 1st Class Real Estate and let us put you in touch with an experienced mortgage lender that can tell you what your cost of waiting will be. Don't wait. Interest rates will only go up from here! Call Today! 757-504-4636