305-851-5225
nveitia@dgpinnacle.com
Apply Now
Secure Doc Upload
DG PINNACLE FUNDING, LLC  Logo

Noel Veitia

NMLS ID 277729

305-851-5225 nveitia@dgpinnacle.com

Blog

Do You Know the Cost of Waiting? [INFOGRAPHIC] | Real Estate with Noel Veitia

Do You Know the Cost of Waiting? [INFOGRAPHIC] | Real Estate with Noel Veitia

May 29th, 2017

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 4.9% according to CoreLogic.
  • Waiting until next year to buy could cost you thousands of dollars a year for the life of your mortgage!