The Cost of Waiting to Buy a Home
Using the average interest rate and appreciation forecasts from Freddie Mac, Fannie Mae, and MBA, here's a look at the cost of buying a $350,000 home today vs. waiting to buy in 2022.
* Most experts expect interest rates to rise as economy recovers. Three major housing industry entities project:
Freddie Mac: 3.8%
Fannie Mae: 3.2%
Mortgage Bankers Association: 4.2%
** Based on three major housing industry entities projected 2022 home price appreciation:
Freddie Mac: 5.3%
Fannie Mae: 5.1%
Mortgage Bankers Association: 8.4%
Let Me Show You the Way Home
I have the experience, knowledge, and wisdom to help you. I'll take the time to get to know you and your family, learn about your special wants and needs, and help you determine your price range. Working together, we'll find the perfect match between what you can afford and the home that best meets your needs.