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

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

by: The KCM Crew on January 28, 2014

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%.

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.

If the rates rise 1%, that reduces purchasing power by about 10%. And, if the house price increases, that’s another peice that isn’t even factored into this illustration.

For the full article… Visit the “Keeping Current Matters” Blog at:  http://www.keepingcurrentmatters.com/2014/01/28/dont-wait-move-up-to-the-home-you-always-wanted/?inf_contact_key=9bc620cfa869f7c5c763e7f04f568217b2497332c02b8662faffaa936fb6d44f

Visit Christopher Tenggren’s Blog again soon at: http://HomesInTheFoxValley.com/blog

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

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