cost of waiting: The Cost of Waiting to Buy a Home
- 03/25/14 10:37 AM
There are so many factors to take into account if you are thinking of purchasing a home. If you have been thinking of buying a new home but you’re just not sure, check out this “Cost of Waiting” chart. Remember, this is only one factor of many and purchasing a home is one of the biggest decisions you can make.
*For the first two examples, I used Billings Association of Realtor’s Existing Home Sales report to establish median price and Freddie Mac’s Primary Mortgage Market survey to establish mortgage rate. I also assumed a 20% down payment in all examples. (0 comments)