Mortgage Rates Projected to Increase

According to the KCM Blog, the Mortgage Bankers Association, Fannie Mae and the National Association of Realtors have all projected that the 30-year mortgage rate will be at least 4% by the end of 2013. If we assume that rates will still be at 4% in twelve months, here is the difference a buyer will pay if they wait.

Effect of Mortgage Rates on Payment

 

Mortgage Rates Projected to Increase was last modified: May 28th, 2013 by Dawn Dunlap

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