![Don’t Let Your Luck Run Out [INFOGRAPHIC] | Simplifying The Market](https://d2d6tznlfad433.cloudfront.net/wp-content/uploads/2017/03/20170317-Luck-STM.jpg)
Some Highlights:
- 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 4.8% according to CoreLogic.
- Waiting until next year to buy could cost you thousands of dollars a year for the life of your mortgage!
Source: Kevin Meyer
