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How Mortgage Rates Affect Your Monthly Payment

Keeping Current Matters January 13, 2025

Buyer

How Mortgage Rates Affect Your Monthly Payment

 

Some Highlights
  • Experts say rates will come down slightly in the year ahead – but some volatility is expected. So, you shouldn't try to time the market.
  • Instead, it's better to focus on how even a small change impacts your future mortgage payment. As rates come down, even a little bit, your monthly payment on your next home will too.
  • Want to see what this looks like at a different price point? Let’s connect.

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