Friday, February 11, 2011

The Cost of Waiting for Prices to Fall

A lot of people are interested in buying a property this year. They have been waiting for prices to fall even more and looking for a bottom. Now the news is that mortgage rates are on the rise. Even if prices do fall, the cost of waiting increases with each uptick in your rate.

Buying now is a win-win situation. Housing market down and mortgage rates still at their historic me, let's look for your new home.