Buying NOW can be a wise decision.Here are three compelling reasons why:

When you see the data, you’ll seeexactly which road to take.

1) Your new,move-up homecan cost significantly morein 5 years.

2) Interest rateswill rise as the economystrengthens.

3) You can buy morehome today withthe same payments.

“Let’s buya home

now!”

“Let’s waitfor a strongereconomy!”

If your Move-upHome is worth

$350,000 now andappreciates 2%in 5 years, it will

be worth $386,427

If your CurrentHome is worth

$200,000 now andappreciates 2%in 5 years, it willbe worth $220,731

A $300,000mortgage with a

4.5% interest rate =$1,520monthly

payment

Amonthlypayment of $1,896at 6.25%meansyou can borrow

$300,000

That samemonthlypayment of $1,896at 4.5%means you

can borrow$374,188

That same$300,000

mortgage with a6.5% interest rate =

$1,896monthlypayment

Bottom Line: Waiting 5 yearscould cost you $15,696

Bottom Line: At a lower interestrate you can afford that move-up home.

Bottom Line: You’ll save $4,512 a year;$22,560 over 5 years; $45,120 over 10

years; $135,360 over 30 years

MythWait to sell your current homeuntil the economy is stronger

so it’ll be worth more.

TruthWhile you wait,

your new, move-up homewill also increase in value.

MythThe rise of a few interest pointswon’t have a significant effect.

TruthLess than a 2% rise in interestrates means you could pay$4,512 more per yearon a 30-year mortgage.

MythA rise in interest rates does notaffect the kind of move-uphome you can afford to buy.

TruthBuy a move-up home for

$375,000 at 4.5% for the samemonthly payments as a

$300,000 home at 6.25%.