How Mortgage Rates Affect Your Monthly Payment
KCM Crew • January 10, 2025
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.
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Knowing what to budget for when buying a home may feel intimidating — but it doesn’t have to be.
Let’s face it – life can throw some curveballs.
Wondering what’s in store for the housing market this year?
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