Mortgage rates - a look back
			
			
				
					
					
						
					
					
					
						
					
					
					
						
					
				
				
					
						
						George Lorimer
					
					
						
						Tuesday, April 13, 2021
					
				 
			 
			
		 
		
		
			Buyers are having a challenging time with the 1, 2 punch of 1. Mortgage rates going up. 2. Prices going up. Both are happening today. 
Most experts say that waiting will cost you money. They predict an 8-10% appreciation. in 2021 here in San Diego. 
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If you can't find what you like how about buying something you can afford as a hedge against inflation? 
That way if the prices go up, you will have equity. If prices stay flat or go down, you can rent it and buy something better!
This graphic is from Wells Fargo. Free Report on the best financing rate, click here