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A bar graph showing the cost of walking on 0. 5 % increase in mortgage rates

Cost of Waiting to Buy $30,000 Mistake

By Kevin Brierton Team | February 8, 2022

Just one year of waiting to buy a house could cost you tens of thousands of dollars (see charts). For example, a homebuyer considering a $250,000 home would lose $7,500 if home prices increase by 3% during that one year timeframe.  They would lose an additional $21,391 over the life of a $200,000 mortgage if…

P.S. Can I count on you to contact me if you hear that a friend, family or coworker is looking to buy, sell or refinance? Call/Text 480.553.8770 - We'd be honored to help them too!