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Tracy Elman
Find Your Home
Tracy Elman
1 post tagged with Greater-Antelope-Valley-Association-of-Realtors:
June 05, 2018
by Keeping Current Matters
Here are four great reasons to consider buying a home today instead of waiting.
1. Prices Will Continue to RiseCoreLogic’s latest Home Price Insights reports that home prices have appreciated by 7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.2% over the next year.
Home values will continue to appreciate for years. Waiting no longer makes sense.
2. Mortgage Interest Rates Are Projected to IncreaseFreddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have increased by half a percentage point already in 2018 to around 4.5%. Most experts predict that rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in . . .
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