5 Indicators Pointing To Advantage of Buying A Home Sooner Than Later

Mortgage interest rates move up and down, sort of like stocks or gas prices. If you're a hopeful home buyer, you may be asking yourself when is the best time to hop onto the "Homebuying Train?"

Here are 5 indicators that point to "buying a home sooner than later":

1st Indicator: The majority of predictions typically point to interest rates rising as the year progresses. Predictions are around 5% or more by last quarter of 2014. Higher Interest Rates = Higher Monthly Mortgage Payments.

2nd Indicator: The prices of homes in many housing markets is on an upward swing. Higher House Prices = a need for a larger Down Payment and Higher Monthly Mortgage Payments.

3rd Indicator: Recent changes have taken place in the Mortgage Industry, most notably the QM or Qualified Mortgage Rules. Those entering Home Buying can do so more certain that they will be able to make their payments in the future.

4th Indicator: Landlords all across the nation are raising rents. Higher Rental Costs = Less Money Saved. The old question remains ... why pay someone else's Mortgage or help them build equity? Remember, whether you rent or whether you buy, you pay for the space you occupy.

5th Indicator: A slightly improved economy, rising home prices, and fewer delinquencies have eased the stress on lenders. The result may be more Mortgage Lenders willing to make mortgages, ultimately making it a bit easier for home buyers to finance.

These indicators should serve as motivation to inquire about the options and possibilities that exist in financing a home purchase. It costs you nothing...ZIPPO to obtain the information and answers you need to make a decision. 

Should you want to buy a home, there is never a better time than NOW to ask those questions. For FREE, you'll find out one of two things ...

• You CAN buy ... and you get started towards fulfilling your Home Buying dream
• You cannot buy ... and you get started towards building your Credit, repairing and polishing your Credit, or saving for a Down Payment ... by following the advice of your Mortgage Lender. 

Again, it's FREE to find out, so why not ask? Either answer gains you valuable info and knowledge. And either answer moves you in a positive direction and closer to what you ultimately want and hope for. I can get you in touch with awesome lenders anywhere in the United States.

Contact:

David Demangos
Keller Williams Realty
Cell:  858.232.8410

David@AwesomeSanDiegoRealEstate.com

www.AwesomeSanDiegoRealEstate.com

San Diego Real Estate Area Expert / Green Specialist / ALC Committee
Our Team Goes to Extremes to Fulfill Your Real Estate Dreams!

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