[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fjuqcwvl3t0sp":3,"$fbwk2pqjjqsc7":33},{"item":4,"previous":23,"next":28},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":21,"updatedAt":22},257,"dont-let-your-luck-run-out","Don’t Let Your “Luck” Run Out","\r\n\r\nThe 30-year fixed mortgage interest rate is currently still below 4%. Many buyers may be on the fence as to whether to act now and purchase a new home, or wait until next year, believing they still have time to lock in a low rate.\r\n\r\nIf you look ...","","blog","https:\u002F\u002F\u002F","\u003Cimg class=\"alignnone size-full wp-image-30301\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2015\u002F03\u002FLuck-Run-Out2.jpg\" alt=\"Don’t Let Your “Luck” Run Out | Simplifying The Market\" width=\"600\" height=\"315\" \u002F>\r\n\r\nThe 30-year fixed mortgage interest rate is currently still below 4%. Many buyers may be on the fence as to whether to act now and purchase a new home, or wait until next year, believing they still have time to lock in a low rate.\r\n\r\nIf you look at what the experts are predicting over the course of the next 12 months, it may make the decision for you.\r\n\u003Ch3>\u003Cstrong>Predictions for 2016 2Q:\u003C\u002Fstrong>\u003C\u002Fh3>\r\n\u003Cul>\r\n\t\u003Cli>4.2% - \u003Ca href=\"http:\u002F\u002Fwww.fanniemae.com\u002Fresources\u002Ffile\u002Fresearch\u002Femma\u002Fpdf\u002FHousing_Forecast_022615.pdf\">Fannie Mae\u003C\u002Fa>\u003C\u002Fli>\r\n\t\u003Cli>4.7% - \u003Ca href=\"http:\u002F\u002Fwww.freddiemac.com\u002Ffinance\u002Fpdf\u002Fmarch_2015_public_outlook.pdf\">Freddie Mac\u003C\u002Fa>\u003C\u002Fli>\r\n\t\u003Cli>4.9% - \u003Ca href=\"https:\u002F\u002Fwww.mba.org\u002FDocuments\u002Fmba.org\u002Ffiles\u002FBulletin\u002FInternalResource\u002FEconomic%20Forecast%20Feb%202015.pdf\">Mortgage Bankers Association\u003C\u002Fa>\u003C\u002Fli>\r\n\t\u003Cli>5.3% - \u003Ca href=\"http:\u002F\u002Fwww.realtor.org\u002Fsites\u002Fdefault\u002Ffiles\u002Freports\u002F2015\u002Fembargoes\u002Fphs-02-27\u002Fforecast-03-2015-us-economic-outlook-2015-02-27.pdf\">National Association of Realtors\u003C\u002Fa>\u003C\u002Fli>\r\n\u003C\u002Ful>\r\nEven an increase of half a percentage point can put a dent in your family’s net worth.\r\n\u003Ch3>\u003Cstrong>Let’s look at it this way…\u003C\u002Fstrong>\u003C\u002Fh3>\r\nThe monthly payment (principal & interest only) on a $250,000 home today, with the current 3.86% interest rate would be $1,173.\r\n\r\nIf we take that same home a year later, the Home Price Expectation Survey projects that prices will rise about 4.4% making that home cost $11,000 more at $261,000.\r\n\r\nIf we take Freddie Mac’s rate projection of 4.7%, the monthly mortgage payment climbs to $1,354.\r\n\r\nSome buyers might not think that an extra $181 a month is that bad. But over the course of 30-year mortgage you have spent an additional \u003Cstrong>$65,160 by waiting a year\u003C\u002Fstrong>.","\u003Cimg class=\"alignnone size-full wp-image-30301\" src=\"http:\u002F\u002Fwww.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2015\u002F03\u002FLuck-Run-Out2.jpg\" alt=\"Don’t Let Your “Luck” Run Out | Simplifying The Market\" width=\"600\" height=\"315\" \u002F>\r\n\r\nThe 30-year fixed mortgage interest rate is currently still below 4%. Many buyers may be on the fence as to whether to act now and purchase a new home, or wait until next year, believing they still have time to lock in a low rate.\r\n\r\nIf you look at what the experts are predicting over the course of the next 12 months, it may make the decision for you.\r\n\u003Ch3>\u003Cstrong>Predictions for 2016 2Q:\u003C\u002Fstrong>\u003C\u002Fh3>\r\n\u003Cul>\r\n\t\u003Cli>4.2% - \u003Ca href=\"http:\u002F\u002Fwww.fanniemae.com\u002Fresources\u002Ffile\u002Fresearch\u002Femma\u002Fpdf\u002FHousing_Forecast_022615.pdf\">Fannie Mae\u003C\u002Fa>\u003C\u002Fli>\r\n\t\u003Cli>4.7% - \u003Ca href=\"http:\u002F\u002Fwww.freddiemac.com\u002Ffinance\u002Fpdf\u002Fmarch_2015_public_outlook.pdf\">Freddie Mac\u003C\u002Fa>\u003C\u002Fli>\r\n\t\u003Cli>4.9% - \u003Ca href=\"https:\u002F\u002Fwww.mba.org\u002FDocuments\u002Fmba.org\u002Ffiles\u002FBulletin\u002FInternalResource\u002FEconomic%20Forecast%20Feb%202015.pdf\">Mortgage Bankers Association\u003C\u002Fa>\u003C\u002Fli>\r\n\t\u003Cli>5.3% - \u003Ca href=\"http:\u002F\u002Fwww.realtor.org\u002Fsites\u002Fdefault\u002Ffiles\u002Freports\u002F2015\u002Fembargoes\u002Fphs-02-27\u002Fforecast-03-2015-us-economic-outlook-2015-02-27.pdf\">National Association of Realtors\u003C\u002Fa>\u003C\u002Fli>\r\n\u003C\u002Ful>\r\nEven an increase of half a percentage point can put a dent in your family’s net worth.\r\n\u003Ch3>\u003Cstrong>Let’s look at it this way…\u003C\u002Fstrong>\u003C\u002Fh3>\r\nThe monthly payment (principal & interest only) on a $250,000 home today, with the current 3.86% interest rate would be $1,173.\r\n\r\nIf we take that same home a year later, the Home Price Expectation Survey projects that prices will rise about 4.4% making that home cost $11,000 more at $261,000.\r\n\r\nIf we take Freddie Mac’s rate projection of 4.7%, the monthly mortgage payment climbs to $1,354.\r\n\r\nSome buyers might not think that an extra $181 a month is that bad. But over the course of 30-year mortgage you have spent an additional \u003Cstrong>$65,160 by waiting a year\u003C\u002Fstrong>.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2015\u002F03\u002FLuck-Run-Out2.jpg",false,[17],{"id":18,"name":19,"slug":20},35,"Mortgage Rates","mortgage-rates","2015-03-17T10:00:30Z","2015-03-13T18:49:57Z",{"id":24,"slug":25,"title":26,"featuredImage":11,"publishedAt":27,"contentType":10,"isVideo":15},256,"location-location-location","Location, Location, Location","2015-03-16T10:00:00Z",{"id":29,"slug":30,"title":31,"featuredImage":11,"publishedAt":32,"contentType":10,"isVideo":15},258,"dont-get-caught-in-the-renters-trap-2","Don’t Get Caught in the ‘Renter’s Trap’","2015-03-18T10:00:59Z",[34,38,42,46,50,54,58,62,66,67,71,75,79,83,87,91,95,99,103,107,111,115,119,123,127,131,135,139,143,147],{"id":35,"name":36,"slug":37},1,"Uncategorized","uncategorized",{"id":39,"name":40,"slug":41},5,"For Buyers","buyers",{"id":43,"name":44,"slug":45},6,"For Sellers","sellers",{"id":47,"name":48,"slug":49},7,"Foreclosures","foreclosures",{"id":51,"name":52,"slug":53},8,"Infographics","infographics",{"id":55,"name":56,"slug":57},9,"Home Prices","home-prices",{"id":59,"name":60,"slug":61},11,"First-Time Buyers","first-time-buyers",{"id":63,"name":64,"slug":65},34,"Senior Market","senior-market",{"id":18,"name":19,"slug":20},{"id":68,"name":69,"slug":70},38,"Move-Up","move-up",{"id":72,"name":73,"slug":74},41,"For Sale by Owner","for-sale-by-owner",{"id":76,"name":77,"slug":78},42,"Featured","featured",{"id":80,"name":81,"slug":82},45,"New Construction","new-construction",{"id":84,"name":85,"slug":86},52,"Luxury \u002F Vacation","luxury--vacation",{"id":88,"name":89,"slug":90},53,"Rent vs. Buy","rent-vs-buy",{"id":92,"name":93,"slug":94},80,"Time-sensitive","time-sensitive",{"id":96,"name":97,"slug":98},81,"Outdated","outdated",{"id":100,"name":101,"slug":102},147,"Internal","internal",{"id":104,"name":105,"slug":106},148,"Do Not Autopost","do-not-autopost",{"id":108,"name":109,"slug":110},320,"Inventory","inventory",{"id":112,"name":113,"slug":114},321,"Agent Value","agent-value",{"id":116,"name":117,"slug":118},322,"Affordability","affordability",{"id":120,"name":121,"slug":122},323,"Buying Tips","buying-tips",{"id":124,"name":125,"slug":126},324,"Downsize","downsize",{"id":128,"name":129,"slug":130},325,"Economy","economy",{"id":132,"name":133,"slug":134},326,"Equity","equity",{"id":136,"name":137,"slug":138},327,"Forecasts","forecasts",{"id":140,"name":141,"slug":142},328,"Selling Tips","selling-tips",{"id":144,"name":145,"slug":146},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":148,"name":149,"slug":150},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]