If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again.
Waiting so that you can time the market, may cost you money.
Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest rates.
Buying a home now means you’ll spend less in the long run. Contact a local real estate professional to put your plans in motion before home prices and mortgage rates climb even higher.
It can be tough competing as a buyer in this market, but instead of only focusing on the sales price of homes, take a closer look at your monthly payment, interest rate and cost of living. Sometimes it makes more sense to lock in while rates are low and start being your own landlord!