Thursday, August 20, 2015 / by Mark Bensadon
With prices on the rise in most areas of the country, many first-time buyers might think that they should wait to buy. But unfortunately with interest rates also on the move, the Cost of Waiting a year to buy is climbing even faster.
CoreLogic predicts a 5.3% appreciation in home prices in the next 12 months. Freddie Mac predicts an increase of a full percentage point in interest rates.