[:en]Where Are Mortgage Rates Headed? This Winter? Next Year?[:es]¿Hacia dónde se dirigen las tasas hipotecarias? ¿este invierno? ¿este año?[:]

Where Are Mortgage Rates Headed? This Winter? Next Year? | Simplifying The Market
[:en]The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year.

Below is a chart created using Freddie Mac’s October 2015 U.S. Economic & Housing Marketing Outlook. As you can see interest rates are projected to increase steadily over the course of the next 12 months.

Where Are Mortgage Rates Headed? This Winter? Next Year? | Simplifying The Market

How Will This Impact Your Mortgage Payment?

Depending on the amount of the loan that you secure, a half of a percent (.5%) increase in interest rate can increase your monthly mortgage payment significantly.

According to CoreLogic’s latest Home Price Index, national home prices have appreciated 6.4% from this time last year and are predicted to be 4.7% higher next year.

If both the predictions of home price and interest rate increases become reality, families would wind up paying considerably more for their next home.

Bottom Line

Even a small increase in interest rate can impact your family’s wealth. Let’s meet to evaluate your ability to purchase your dream home.[:es]La tasa de interés que usted paga por la hipoteca de su casa tiene un impacto directo en el pago mensual. Entre más alta sea la tasa, más grande será el pago. Por eso es importante ver a dónde se dirigen las tasas al decidir si comprar una casa ahora o esperar hasta el próximo año.

Abajo hay una gráfica creada usando el reporte de octubre de Freddie Mac, ‘2015 U.S. Economic & Housing Marketing Outlook’. Como usted puede ver se proyecta que las tasas de interés van a aumentar constantemente en el transcurso de los próximos 12 meses.

Tasas hipotecarias | Simplifying The Market

¿Cómo esto afectará el pago de su hipoteca?

Dependiendo de la cantidad del préstamo que usted asegure, el aumento de la mitad de un punto porcentual (.5 %) en la tasa de interés, puede aumentar significativamente el pago mensual de su hipoteca.

Según el último índice de CoreLogic Home Price Index, los precios nacionales de las viviendas han apreciado 6.4 % desde esta época del año pasado y se predice que van a estar 4.7 % más altos el próximo año.

Si ambas predicciones de los precios de las casas y el aumento de las tasas de interés se convierten en realidad, las familias terminarían pagando considerablemente mucho más por su casa.

En conclusión

Incluso un aumento pequeño en la tasa de interés puede impactar el patrimonio de su familia. Reunámonos para evaluar la capacidad para comprar la casa de sus sueños.[:]

[:en]Where Are Mortgage Rates Headed? This Winter? Next Year?[:es]¿Hacia dónde se dirigen las tasas hipotecarias? ¿este invierno? ¿este año?[:]

Where Are Mortgage Rates Headed? This Winter? Next Year? | Simplifying The Market

[:en]The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year. Below is a chart created ...

Continue Reading

[:en]Where Are Mortgage Rates Headed? This Winter? Next Year?[:es]¿Hacia dónde se dirigen las tasas hipotecarias? ¿este invierno? ¿este año?[:]

Where Are Mortgage Rates Headed? This Winter? Next Year? | Simplifying The Market

[:en]The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year.

Below is a chart created using Freddie Mac’s October 2015 U.S. Economic & Housing Marketing Outlook. As you can see interest rates are projected to increase steadily over the course of the next 12 months.

Where Are Mortgage Rates Headed? This Winter? Next Year? | Simplifying The Market

How Will This Impact Your Mortgage Payment?

Depending on the amount of the loan that you secure, a half of a percent (.5%) increase in interest rate can increase your monthly mortgage payment significantly.

According to CoreLogic’s latest Home Price Index, national home prices have appreciated 6.4% from this time last year and are predicted to be 4.7% higher next year.

If both the predictions of home price and interest rate increases become reality, families would wind up paying considerably more for their next home.

Bottom Line

Even a small increase in interest rate can impact your family’s wealth. Let's meet to evaluate your ability to purchase your dream home.[:es]La tasa de interés que usted paga por la hipoteca de su casa tiene un impacto directo en el pago mensual. Entre más alta sea la tasa, más grande será el pago. Por eso es importante ver a dónde se dirigen las tasas al decidir si comprar una casa ahora o esperar hasta el próximo año.

Abajo hay una gráfica creada usando el reporte de octubre de Freddie Mac, ‘2015 U.S. Economic & Housing Marketing Outlook’. Como usted puede ver se proyecta que las tasas de interés van a aumentar constantemente en el transcurso de los próximos 12 meses.

Tasas hipotecarias | Simplifying The Market

¿Cómo esto afectará el pago de su hipoteca?

Dependiendo de la cantidad del préstamo que usted asegure, el aumento de la mitad de un punto porcentual (.5 %) en la tasa de interés, puede aumentar significativamente el pago mensual de su hipoteca.

Según el último índice de CoreLogic Home Price Index, los precios nacionales de las viviendas han apreciado 6.4 % desde esta época del año pasado y se predice que van a estar 4.7 % más altos el próximo año.

Si ambas predicciones de los precios de las casas y el aumento de las tasas de interés se convierten en realidad, las familias terminarían pagando considerablemente mucho más por su casa.

En conclusión

Incluso un aumento pequeño en la tasa de interés puede impactar el patrimonio de su familia. Reunámonos para evaluar la capacidad para comprar la casa de sus sueños.[:]

[:en]Where Are Mortgage Rates Headed? This Winter? Next Year?[:es]¿Hacia dónde se dirigen las tasas hipotecarias? ¿este invierno? ¿este año?[:]

Where Are Mortgage Rates Headed? This Winter? Next Year? | Simplifying The Market

[:en]The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year. Below is a chart created ...

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.