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That’s the short of it as you start your weekend.

Interest rates will increase by approximately one full percentage point over the next 12 months

Mortgage Bankers Association (MBA), the National Association of Realtors and Freddie Mac

So obviously, buyers need to be concerned with more than just price. Waiting can mean paying more in the long term.

At the end of the day …

Only you can take or be comfortable knowing when to take that first step toward a new home. However, by contacting a real estate professional today, you might discover that waiting would have been more costly.

Sometimes one just has to jump in and realize that building memories in a new home can outweigh the cost of delay.

Thank you for reading. In case you missed our blog series this week, here are the other questions we explored:

• Why do I want to buy a home?

• Where are home values headed?

Saludos!