Move Up Buyers - How to Save $100,000 over the Life of Your Loan

According to the Mortgage Bankers Association, interest rates that have been bumping against the bottom for awhile - are projected to rise to 4.4 percent by the end of the year, compared to 3.4 percent right now.

If the Buyer delays the purchase of the home until the end of the year, the price will be 3.1 percent higher.   Which along with the higher interest rate means that the buyer will be paying $262.09 more per month, or $3,384 more per year, or $101,520 over a 30 year mortgage.

Those a pretty massive savings for buying a home today verses waiting until the end of the year.