Should I Buy A House Now Or Wait Until 2018 May 2026

Mortgage rates rose significantly, averaging roughly 4.44% by early 2018 and even touching 5% later in the year. This increase in rates often offset any benefits from slower price growth, significantly reducing overall home-buying power . Historical Comparison: 2017 vs. 2018 Late 2017 (Actual) 2018 (Forecast/Actual) Avg. Mortgage Rate (30-yr) ~3.9% – 4.0% ~4.5% – 4.8% Home Price Growth 6.3% increase 4.9% projected increase Market Condition Extreme inventory shortage Modest inventory growth

The benchmark 30-year fixed-rate mortgage averaged 3.99% at the end of 2017. should i buy a house now or wait until 2018

Housing market forecast : Experts weigh in on 2018 real estate Mortgage rates rose significantly, averaging roughly 4

Buyers faced extreme competition and a "tight" inventory environment, with the supply of homes for sale hitting record lows. The Case for Waiting Until 2018 Mortgage rates rose significantly