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Freddie Mac: Buy Sooner Rather than Later

Wednesday, November 26, 2014   /   by Josh Roy

Freddie Mac: Buy Sooner Rather than Later

THE ROY GROUP

WHAT MATTERS MOST TODAY?

November 26, 2014  by  JOSH ROY

                                                                                                                      

 

 

Freddie Mac: Buy Sooner Rather than Later

 


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):

 

Mortgage Rate Projections

 

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.

 

 

THE ROY GROUP

 

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