![What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC] | Keeping Current Matters](https://static.wixstatic.com/media/afe665_9df658242865407d8f2b77fd37001d2e~mv2.jpg/v1/fill/w_980,h_1268,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/afe665_9df658242865407d8f2b77fd37001d2e~mv2.jpg)
Some Highlights:
The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time.
Freddie Mac forecasts interest rates will rise to 3.8% by Q4 2020.
CoreLogic predicts home prices will appreciate by 5.4% over the next 12 months.
If you’re ready and willing to buy your dream home, now is a great time to buy.