{"id":1240,"date":"2016-10-16T17:00:02","date_gmt":"2016-10-16T17:00:02","guid":{"rendered":"http:\/\/activerain.com\/blogsview\/4965607\/purchase-a-home-this-year--buying-sooner-could-lead-to-savings"},"modified":"2016-10-16T17:00:02","modified_gmt":"2016-10-16T17:00:02","slug":"purchase-a-home-this-year-buying-sooner-could-lead-to-savings","status":"publish","type":"post","link":"https:\/\/lakeandhomes.com\/blog\/purchase-a-home-this-year-buying-sooner-could-lead-to-savings\/","title":{"rendered":"purchase a home this year, buying sooner could lead to savings"},"content":{"rendered":"<p>The seasons are changing and with them bring thoughts of the upcoming holidays, family get-togethers, and planning for a new year. Here are a few great reasons to consider buying a home now, instead of waiting.1. Prices Will Continue to RiseThe price of homes across the nation have been steadily rising for the last year. The bottom in home prices has come and gone and home values will continue to appreciate. Waiting no longer makes sense like it did a few years ago.2. Mortgage Interest Rates Are Projected to IncreaseThe Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison projecting that rates will continue to rise.An increase in rates will impact how much home you can afford and your monthly mortgage payment. Your housing expense will be more a year from now if a mortgage is necessary to purchase your next home.3. Either Way You are Paying The common way of looking at rent versus a mortgage is that when you pay rent, it is simply gone and you have nothing to show for it. When you are paying a mortgage you are spending money each month for something you will actually own. In many areas it is actually cheaper to pay a monthly mortgage than it is to pay rent.The \u2018cost\u2019 of a home is determined by two major components: the price of the home and the current mortgage rate. Both are on the rise and if the right thing for you and your family is to<br \/>\nSearch MLS<br \/>\n<iframe id=\"webcapturewidget\" src=\"http:\/\/www.northidahosandpoint.com\/webcaptureiframe\/mode\/webcaptureiframerectangle\/\"><\/iframe><br \/>\nSearch Homes for Sale<br \/>\nhttp:\/\/www.northidahosandpoint.com\u00a0to see listings<br \/>\nhttp:\/\/www.lakeandhomes.com\u00a0Rain Silverhawk<br \/>\nrain@lakeandhomes.comRain Silverhawk RealtorKeller Williams \u00a0Realty Coeur d&#8217; alene Sandpoint Idaho120 S. Second Ave. |\u00a0 Sandpoint, ID. 83864 Phone (208)\u00a0 610-0011\u00a0 FAX 800-760-1936<\/p>","protected":false},"excerpt":{"rendered":"<p>The seasons are changing and with them bring thoughts of the upcoming holidays, family get-togethers, and planning for a new year. Here are a few great reasons to consider buying a home now, instead of waiting.1. Prices Will Continue to RiseThe price of homes across the nation have been steadily rising for the last year. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1240","post","type-post","status-publish","format-standard","hentry","category-visitor-information"],"_links":{"self":[{"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/posts\/1240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/comments?post=1240"}],"version-history":[{"count":0,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/posts\/1240\/revisions"}],"wp:attachment":[{"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/media?parent=1240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/categories?post=1240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/tags?post=1240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}