[:en]Don’t Let Your “Luck” Run Out[:es]No deje que su “suerte” se agote[:]

[:en]The 30-year fixed mortgage interest rate is currently still below 4%. Many buyers may be on the fence as to whether to act now and purchase a new home, or wait until next year, believing they still have time to lock in a low rate.

If you look at what the experts are predicting over the course of the next 12 months, it may make the decision for you.

Predictions for 2016 2Q:

Even an increase of half a percentage point can put a dent in your family’s net worth.

Let’s look at it this way…

The monthly payment (principal & interest only) on a $250,000 home today, with the current 3.86% interest rate would be $1,173.

If we take that same home a year later, the Home Price Expectation Survey projects that prices will rise about 4.4% making that home cost $11,000 more at $261,000.

If we take Freddie Mac’s rate projection of 4.7%, the monthly mortgage payment climbs to $1,354.

Some buyers might not think that an extra $181 a month is that bad. But over the course of 30-year mortgage you have spent an additional $65,160 by waiting a year.[:es]Don’t Let Your “Luck” Run Out | Keeping Current Matters

La tasa de interés hipotecaria fija a 30 años está todavía por debajo del 4 %. Muchos compradores tal vez están indecisos en cuanto a si deben actuar ahora y comprar una casa nueva o esperar hasta el próximo año, creyendo que ellos todavía tienen tiempo para asegurar una tasa baja.

Si usted se fija en lo que los expertos están proyectando en el transcurso de los próximos 12 meses, esto tal vez tome la decisión por usted.

Pronósticos para el 2016 2T

Incluso un aumento de medio punto porcentual puede poner un hueco en el patrimonio neto de su familia.

Veámoslo de esta manera…

El pago mensual (solo principal & Interés) en una casa de $250,000 hoy, con la tasa de interés actual de 3.86 % puede ser de $1,173

Si tomamos la misma casa un año más tarde, la encuesta de las expectativas de los precios de las casas pronostica que los precios van a subir un 4.4 % haciendo que esa casa cueste $11,000 más, a $261,000.

Si tomamos las proyecciones de las tasas de Freddie Mac de 4.7 % el pago mensual de la hipoteca ascendería a $1,354.

Algunos compradores tal vez no pienses que $181 extra al mes sea tan malo, pero en el transcurso de los 30 años de la hipoteca, usted ha gastado $65,160 adicionales por esperar.[:]

[:en]Don’t Let Your “Luck” Run Out[:es]No deje que su “suerte” se agote[:]



[:en]The 30-year fixed mortgage interest rate is currently still below 4%. Many buyers may be on the fence as to whether to act now and purchase a new home, or wait until next year, believing they still have time to lock in a low rate. If you look at what the experts are predicting over ...

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[:en]Don’t Let Your “Luck” Run Out[:es]No deje que su “suerte” se agote[:]



[:en]The 30-year fixed mortgage interest rate is currently still below 4%. Many buyers may be on the fence as to whether to act now and purchase a new home, or wait until next year, believing they still have time to lock in a low rate.

If you look at what the experts are predicting over the course of the next 12 months, it may make the decision for you.

Predictions for 2016 2Q:

Even an increase of half a percentage point can put a dent in your family’s net worth.

Let’s look at it this way…

The monthly payment (principal & interest only) on a $250,000 home today, with the current 3.86% interest rate would be $1,173.

If we take that same home a year later, the Home Price Expectation Survey projects that prices will rise about 4.4% making that home cost $11,000 more at $261,000.

If we take Freddie Mac’s rate projection of 4.7%, the monthly mortgage payment climbs to $1,354.

Some buyers might not think that an extra $181 a month is that bad. But over the course of 30-year mortgage you have spent an additional $65,160 by waiting a year.[:es]Don’t Let Your “Luck” Run Out | Keeping Current Matters

La tasa de interés hipotecaria fija a 30 años está todavía por debajo del 4 %. Muchos compradores tal vez están indecisos en cuanto a si deben actuar ahora y comprar una casa nueva o esperar hasta el próximo año, creyendo que ellos todavía tienen tiempo para asegurar una tasa baja.

Si usted se fija en lo que los expertos están proyectando en el transcurso de los próximos 12 meses, esto tal vez tome la decisión por usted.

Pronósticos para el 2016 2T

Incluso un aumento de medio punto porcentual puede poner un hueco en el patrimonio neto de su familia.

Veámoslo de esta manera…

El pago mensual (solo principal & Interés) en una casa de $250,000 hoy, con la tasa de interés actual de 3.86 % puede ser de $1,173

Si tomamos la misma casa un año más tarde, la encuesta de las expectativas de los precios de las casas pronostica que los precios van a subir un 4.4 % haciendo que esa casa cueste $11,000 más, a $261,000.

Si tomamos las proyecciones de las tasas de Freddie Mac de 4.7 % el pago mensual de la hipoteca ascendería a $1,354.

Algunos compradores tal vez no pienses que $181 extra al mes sea tan malo, pero en el transcurso de los 30 años de la hipoteca, usted ha gastado $65,160 adicionales por esperar.[:]

[:en]Don’t Let Your “Luck” Run Out[:es]No deje que su “suerte” se agote[:]



[:en]The 30-year fixed mortgage interest rate is currently still below 4%. Many buyers may be on the fence as to whether to act now and purchase a new home, or wait until next year, believing they still have time to lock in a low rate. If you look at what the experts are predicting over ...

Continue Reading
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The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.