Why buy now

Interest rates are at a record low. When you consider the impact of interests rates on a person's ability to purchase a property, it is astounding. For example, a 1/2 pt increase on a $400K loan, gives you $25K less purchasing power. A point increase is $500K less...2 pts is 100K less. And it IS expected that interests rates will go up in the future months...they are so low now that the only real direction they CAN go is up!