Are Home Prices Continuing To Rise?
Whether you’re a first-time purchaser or someone looking to sell your current house and buy a home that better fits your needs, waiting to decide what to do will cost you in two ways:
1. Mortgage rates are forecast to rise this year.
2. Home prices should continue to appreciate for some time.
If you wait, rising mortgage rates and high home price appreciation will have a dramatic impact on your monthly mortgage payment.