The Difference A Year Can Make [INFOGRAPHIC]

Some Important Points To Consider:

1. The latest Freddie Mac Primary Mortgage Market Survey reports the 30-year fixed rate at 3.7%.

2. Freddie Mac’s projection for Q2 2016 is that the rate will be 4.7% (a full percentage point higher)

3. The Home Price Expectation Survey predicts that home prices will appreciate by 4.4% during this same time

The impact waiting a year to purchase your dream home can make on your monthly payment is significant. Contact a local real estate professional today to discuss your options before the experts’ predictions become reality!

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