Is 2018 A Good Time To Buy A House -

In 2018, the housing market was generally considered a strong but challenging environment for buyers. It was characterized by and gradually increasing mortgage rates , making it a "good" time to buy primarily if you were looking to lock in costs before further increases. Key Market Factors in 2018 is 2018 a good time to buy a house

: Prices continued a steady climb, with the Case-Shiller Index showing a 6.4% year-over-year increase by mid-2018. Experts at Freddie Mac and the National Association of Realtors predicted further modest appreciation, encouraging many to buy sooner rather than later to avoid higher future prices. Table_title: Average 30-year fixed mortgage rate by year

: The average 30-year fixed-rate mortgage was approximately 4.54% to 4.70% in 2018, up from around 3.99% in 2017. While higher than previous years, these rates were still considered low by historical standards—for comparison, rates topped 18% in the early 1980s. Experts at Freddie Mac and the National Association