Are you thinking of perhaps buying your dream home in the near, or not so near, future? Doing it today is better than waiting.
Why? Many industry experts are of the opinion that interest rates will be rising dramatically this year. As a confirmation of their thoughts, the Federal Reserve has already stated that they will raise rates two more times this year.
It is also expected the interest rates will be going up again in 2018.
Additionally home prices continue to rise. If you are of the opinion that if you want to change your address and move into your dream home somewhere in the near future, the sooner you do it the better. Otherwise you may find out that your monthly payment has gone up to the spot where you won’t be able to.