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? Connect with an agent or lender.
Categories
Recent Posts
History Shows the Housing Market Always Recovers
The Twist: Downtown Northville’s Social District
Credit, Divorce, and Real Estate: 5 Essentials to Protect Your Future
Should You Still Expect a Bidding War?
Divorce Real Estate Guide for Northville, Novi, South Lyon & Metro Detroit Homeowners
From Frenzy to Breathing Room: Buyers Finally Have Time Again
Condos Could Be a Win for Today’s Buyers
More Contracts Are Falling Through. Here’s How To Get Ahead.
Is It Better To Buy Now or Wait for Lower Mortgage Rates? Here’s the Tradeoff
Are These Myths About Buying a Newly Built Home Holding You Back?
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "