Buying a home may never get any cheaper than the present time. With home prices down 34% nationally since 2006, and mortgage rates at historic lows, homes have never been more affordable. However, several industry experts are predicting that it won’t stay this way for much longer.
In some markets hit hard by foreclosures, the turnaround in prices is already underway. In addition to home prices, mortgages will certainly move higher from their recent historic lows. Read the entire article online at CNN.com.