Planning to buy a home in 2019? Here are four more reasons why you should not wait any longer to purchase your new home this year.
Interest Rates on the Rise: Zillow predicts mortgage rates will continue to rise throughout 2019. As interest rates rise, your purchasing power can decrease. For example, on a $324,900 condo, your payment could go up almost $95/month with an increase of just .375%. Because of this, now is the perfect time to lock in a lower interest rate and avoid paying more in interest on a monthly basis.
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