Wednesday, October 15, 2014

Don't Wait! Move Up to the Home You Always Wanted

Don’t Wait! Move Up to the Home You Always Wanted
Posted: 13 Oct 2014 04:00 AM PDT
Don't Wait! Move Up to the House You've Always Wanted | Keeping Current Matters

Now that the housing market has stabilized, more and more homeowners are considering moving up to the home they have always dreamed of. Prices are still below those of a few years ago and interest rates are still below 5%.

Don't get priced out of your 'Dream Home'... pay attention to interest rates. #KCM2014
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However, sellers should realize that waiting to make the move while mortgage rates are increasing probably doesn’t make sense. As rates increase, the price of the house you can buy will decrease.

Here is a chart detailing this point:

Buyer's Purchasing Power | Keeping Current Matters
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