The Difference A Year Can Make [INFOGRAPHIC]
Some Important Points To Consider:
The latest Freddie Mac Primary Mortgage Market Survey reports the 30-year fixed rate at 3.7%.
Freddie Mac’s projection for Q2 2016 is that the rate will be 4.7% (a full percentage point higher)
The Home Price Expectation Survey predicts that home prices will appreciate by 4.4% during this same time