Buy now to save money in the long term

March 27, 2014

Money2

The longer a buyer waits, the higher the mortgage payment will be if rates continue to increase (as is projected by Fannie Mae, Freddie Mac, the National Association of Realtors and the Mortgage Bankers Association). Read full KCM article

 

The chart in this post (credit  KCM) shows the monthly difference in costs when interest rates rise, and also long term costs.

$70,000 more! Talk to your real estate agent today.

[button link=”http://www.firstweber.com/find-wisconsin-real-estate-agent” window=”yes”]You can find real estate agents in Wisconsin here.[/button]

 

photo credit¬†http://www.flickr.com/photos/[email protected]/6870876951/

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