Freddie Mac: Buy Sooner Rather than Later

By
Real Estate Agent with The Nett Group

In a recent video update on the housing market, Frank Nothaft, Freddie Mac’s chief economist, stated that with both mortgage interest rates and home prices projected to increase in 2015 buying now makes sense.

 

“If you are planning to buy a home in the next year, it’s better to do it sooner rather than later.”

 

Here are the latest mortgage interest rate projections from four major housing entities: Fannie Mae, Freddie Mac, the Mortgage Bankers Association (MBA) and the National Association of Realtors (NAR):

Thinking of Selling & Moving Up?

This advice isn’t limited to just the first-time buyer. If you are considering moving up to the home your family has always wanted, waiting also makes no sense

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Rainmaker
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Jeff Jensen
The Federal Savings Bank/Lending in 50 states - Greenwich, CT

That is an interesting collection of projections.  I wonder how close they will come.

Nov 26, 2014 05:45 AM #1
Rainer
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Michael Nettemeyer
The Nett Group - Chesterfield, MO
Real Estate Advisor

Thanks Jeff. It's an interesting projection indeed. Something to look foward to for buyers especially.

Dec 01, 2014 04:24 AM #2
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Rainer
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Michael Nettemeyer

Real Estate Advisor
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