![The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/07/15125928/20190719-Share-KCM-571x300.jpg)
![The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/07/15125704/20290719-MEM.jpg)
Some Highlights:
- Interest rates are projected to increase steadily heading into 2020.
- The higher your interest rate, the more money you will end up paying for your home and the higher your monthly payment will be.
- Rates are still low right now – don’t wait until they hit 5% to start searching for your dream home!
Source: KCM
