Friday, April 3, 2015 / by Marty Gum
What A Difference a Year Makes - The impact waiting a year to purchase your dream Lake of the Ozarks home
Some Important Points To Consider:
- The latest Freddie Mac Primary Mortgage Market Survey reports the 30-year fixed rate at 3.7%.
- Freddie Mac's projection for Q2 2016 is that the rate will be 4.7% (a full percentage point higher)
- The Home Price Expectation Survey predicts that home prices will appreciate by 4.4% during this same time