#melisaperezrealtor If buying a home is in your plan for next year, doing it sooner rather than later could save you thousands of dollars over the terms of your loan. ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ 📈The Mortgage Bankers Association (MBA), Freddie Mac, and Fannie Mae all project that mortgage interest rates will increase by this time next year. ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ 📈According to CoreLogic’s most recent Home Price Insights Report, home prices will appreciate by 4.8% over the next 12 months. ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ As a buyer, however, you must not be concerned about price but instead about the ‘long-term cost’ of the home. ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ Your concern is my priority @melisaperezrealtor #melisaperezrealtor #miamirealestate #miamitrends #miami #interestrates #firsttimebuyer #miamilifestyle (at Miami, Florida) https://www.instagram.com/p/BrQ_kcpnjlN/?utm_source=ig_tumblr_share&igshid=2algvvmurh2h