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Interest rates are at historic lows right now, and if you wait to buy, you will end up paying for that decision down the road!
I was recently reading an article in Keeping Current Matters and it was speaking about interest rates. This article pointed out that if interest rates keep rising in the next twelve months, buyers may face a steep penalty in the form of worsening affordability.
For example, in just a year you will end up paying an average of $18,672 more over the lifetime of a loan.
It's been estimated that if you wait a few years, you'll be throwing away nearly $55,000!
This is why it's so important to buy right now if you've been thinking about it.
If you're ready to buy, I suggest that you sit down with a lender and figure out what exactly you can afford to purchase. I have preferred lenders that I could refer to you, so please don't be hesitant about beginning the buying process.
Now is the time to buy a home in Wexford!
