Is It The Right Time To Buy A Home?

Refinancing rates have gone through a steady state of turmoil in the last few months. After dropping to all new lows month over month, increasing economic data has begun to show that they have an upward trend that may only continue in the next few years.

The Mortgage Bankers Association (MBA) predicts a heavy downward slope in the refinance market over the next 2 years, that may be helped by the new HARP (Home Affordable Refinance Program), that just debuted in the middle of March, but may not recover in full. Many government programs such as a VA refinance or an FHA Streamline Refinance – that help low income or military get into homes easily — continue to fund programs with efficiency, but eventually even that will not be enough to make up for a shrinking refinance market.

2012 won’t mark the resurgence of the purchase market, but it may mark the end of it’s downward slope. Again, the Mortgage Bankers Association predicts that 2013 will mark the first signs of life for the purchase market, revitalizing a real estate industry that was heavily impacted by a turmoil market state in the last few years.

New students thinking about buying a home should do so now, but only with heavy research and investigation. These recommendations and thoughts about the future state of the purchase and refinance market are only guesses, and many guesses have been made in the past that we have “hit the bottom of the housing crash” – only to see the new bottom arrive in the subsequent year.

If lucky enough to have purchase funds (or the VA or FHA benefits to get into a home), it may be worthwhile to take advantage of a soft market position now. However, there is still real risk attached to this investment (as well as any others), so you may want to hold off as real estate is an illiquid asset class that you may not want to hold early in life. It makes sense when you are settled and less mobile, but in volatile times where jobs are not readily easy to come by, it may make sense to adjust to a more sensible asset such as a stock or bond.

1,963 Responses to Is It The Right Time To Buy A Home?
  1. Willard Hise
    January 21, 2019 | 3:57 am

    Nice post. I learn something more challenging on different blogs everyday. It will always be stimulating to read content from other writers and practice a little something from their store. I’d prefer to use some with the content on my blog whether you don?t mind. Natually I’ll give you a link on your web blog. Thanks for sharing. https://livebandtube.info

  2. PSU Jobs - Rojgar Samachar
    January 21, 2019 | 10:00 am

    Pretty! This has been an extremely wonderful post. Thank you for supplying this info. https://wallinside.com/post-65607586-thinking-about-realistic-solutions-for-public-sector-jobs.html

  3. best selling vibrator
    January 21, 2019 | 4:36 pm

    Really informative blog post. Fantastic.

  4. g spot stimulator
    January 22, 2019 | 12:42 am

    This is one awesome blog.Really looking forward to read more. Much obliged.

  5. Sherise Meyering
    January 23, 2019 | 10:59 pm

    An enlightening conversation is worth comment. I think that you will want to write more and more on this area of interest, it may not end up being a taboo subject but commonly people are not courageous sufficient enough to talk on these topics.

  6. Ethelyn Jasica
    January 24, 2019 | 2:56 am

    Hello! I just want to give a huge thumbs up for the great info you have got here on this article. I will likely be returning to your blog for more soon.

Trackbacks/Pingbacks
  1. movers in Abu dhabi
  2. Grow taller 4 idiots
  3. rank #1 in google
  4. Pop Backing Track
  5. Large Living Room Wall Art
  6. sergey
  7. minimalist wallet women
Leave a Reply


Wanting to leave an <em>phasis on your comment?

Trackback URL http://mynextbuck.com/is-it-the-right-time-to-buy-a-home/trackback/

Is It The Right Time To Buy A Home?

Refinancing rates have gone through a steady state of turmoil in the last few months. After dropping to all new lows month over month, increasing economic data has begun to show that they have an upward trend that may only continue in the next few years.

The Mortgage Bankers Association (MBA) predicts a heavy downward slope in the refinance market over the next 2 years, that may be helped by the new HARP (Home Affordable Refinance Program), that just debuted in the middle of March, but may not recover in full. Many government programs such as a VA refinance or an FHA Streamline Refinance – that help low income or military get into homes easily — continue to fund programs with efficiency, but eventually even that will not be enough to make up for a shrinking refinance market.

2012 won’t mark the resurgence of the purchase market, but it may mark the end of it’s downward slope. Again, the Mortgage Bankers Association predicts that 2013 will mark the first signs of life for the purchase market, revitalizing a real estate industry that was heavily impacted by a turmoil market state in the last few years.

New students thinking about buying a home should do so now, but only with heavy research and investigation. These recommendations and thoughts about the future state of the purchase and refinance market are only guesses, and many guesses have been made in the past that we have “hit the bottom of the housing crash” – only to see the new bottom arrive in the subsequent year.

If lucky enough to have purchase funds (or the VA or FHA benefits to get into a home), it may be worthwhile to take advantage of a soft market position now. However, there is still real risk attached to this investment (as well as any others), so you may want to hold off as real estate is an illiquid asset class that you may not want to hold early in life. It makes sense when you are settled and less mobile, but in volatile times where jobs are not readily easy to come by, it may make sense to adjust to a more sensible asset such as a stock or bond.

1,963 Responses to Is It The Right Time To Buy A Home?
  1. Willard Hise
    January 21, 2019 | 3:57 am

    Nice post. I learn something more challenging on different blogs everyday. It will always be stimulating to read content from other writers and practice a little something from their store. I’d prefer to use some with the content on my blog whether you don?t mind. Natually I’ll give you a link on your web blog. Thanks for sharing. https://livebandtube.info

  2. PSU Jobs - Rojgar Samachar
    January 21, 2019 | 10:00 am

    Pretty! This has been an extremely wonderful post. Thank you for supplying this info. https://wallinside.com/post-65607586-thinking-about-realistic-solutions-for-public-sector-jobs.html

  3. best selling vibrator
    January 21, 2019 | 4:36 pm

    Really informative blog post. Fantastic.

  4. g spot stimulator
    January 22, 2019 | 12:42 am

    This is one awesome blog.Really looking forward to read more. Much obliged.

  5. Sherise Meyering
    January 23, 2019 | 10:59 pm

    An enlightening conversation is worth comment. I think that you will want to write more and more on this area of interest, it may not end up being a taboo subject but commonly people are not courageous sufficient enough to talk on these topics.

  6. Ethelyn Jasica
    January 24, 2019 | 2:56 am

    Hello! I just want to give a huge thumbs up for the great info you have got here on this article. I will likely be returning to your blog for more soon.

Trackbacks/Pingbacks
  1. movers in Abu dhabi
  2. Grow taller 4 idiots
  3. rank #1 in google
  4. Pop Backing Track
  5. Large Living Room Wall Art
  6. sergey
  7. minimalist wallet women
Leave a Reply


Wanting to leave an <em>phasis on your comment?

Trackback URL http://mynextbuck.com/is-it-the-right-time-to-buy-a-home/trackback/