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IS IT SMART TO PURCHASE NOW OR WAIT A YEAR OR TWO

Noel Smith

Published 2 weeks ago

We get the question a bunch. "Should I purchase now or wait this current market out". In this analysis we are using current market rates and comparing those with projected rates at the end of 2022 and 2023. We also use a conservative appreciation rate of 3%. Take a peek specifically at the highlighted items showing projected monthly payment and home value during those periods. Let us know if you have additional questions, happy to help! Smithgroup@Fairwaymc.com

Recent Reviews

Edgar

"Noel and his team made the process super easy I wasn’t stressed at all during this process. Any questions I had they’d be there to answer right away which was very much appreciated. Thank you!!"

5.0

David P.
Verified

"Noel was always there answering our questions and keeping us informed of the loan process. He made the process super easy and fast. I have worked with him a couple times now. I always recommend him to friends and family."

5.0

Garrett S.
Verified

"Smooth process as usual and made it less stressful to buy and sale houses!"

5.0

Steven M.
Verified

"Made the process very easy. Constant communication with me. Would definitely recommend to others!"

5.0

John K.
Verified

"kept appraised step by step"

5.0

John L.
Verified

"Promptness of clear communication, availability & willingness from Noel to answer any questions. Noel was the perfect choice."

5.0

Shelly P.
Verified

"Noel and his team were amazing! This is the second time we’ve gone through Noel for good reason. He was so easy to work with, had great communication, and answered questions in a timely manner. Everything was so smooth from beginning to the end!"

5.0

Nicholas A.
Verified

"Everyone we delt with were amazing and friendly. Noel was was very quick to respond to back to us on anything we needed."

5.0

Ryan H.
Verified

"Noel is so incredibly helpful and friendly!"

5.0

Katheryn F.
Verified

"Noel and his team were rock stars! This was our second time working with Noel! They are fast, kind, and personable! I refer him and his team to everyone I know!!!!"

5.0

Leah R.
Verified

"Noel is very helpful, kind, and efficient! He responded quickly to any questions and concerns I had, and explained the complicated things very well. I would definitely use his services again in the future."

5.0

Daniel C.
Verified

"Noel and his team worked hard as houses were swept out from under us time and time again. They helped this new homeowner immensely with learning the process, and kept me constantly updated as changes happened. Thank you again Noel for all your hard work!"

5.0

Corey H.
Verified

"The whole team guided me through a process I was not familiar with, and couldn’t have been better people to work with. Much appreciated"

5.0

Lloyd L.
Verified

"Noel and the team are great! Always quick to respond and communicate. We are very happy with this experience and also are past ones."

5.0

Tammy P.
Verified

"It is always a pleasure to work with Noel and his team. They are very professional and personable. I will never go anywhere else and would recommend to everyone."

5.0

Chad H.
Verified

"Noel was a great communicator and was someone I felt I could trust to have my best interests."

5.0

David S.
Verified

"Noel and his team were on the ball, always checking on what they thought might be coming so you weren't caught off guard."

5.0

National Rate Averages

Conf. 30Y Fixed

3.27%
-0.027

FHA 30Y Fixed

3.384%
-0.028

Jumbo 30Y Fixed

3.244%
0.044

Rate averages are calculated from actual locked rates. Learn more.

Affordability Presentations

3 Presentations

Financial Planning Presentations

3 Presentations

First Time Home Buyers Presentations

3 Presentations

Home Buying Basics Presentations

2 Presentations

Home Equity Presentations

1 Presentations

Interest Rates Presentations

1 Presentations

Market Updates Presentations

1 Presentations

Rent vs Own Presentations

3 Presentations

Searching for a Home Presentations

4 Presentations

Fairway Independent Mortgage Corporation

Company NMLS# 2289

4750 S. Biltmore Lane
Madison, WI 53718
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