Rates play a very big part in buying power! Here’s an example of how much less home you can get with the same monthly payment as rates rise throughout the year! With where rates are projected to go over the next year, locking in a mortgage with a lower rate right now could save you a ton of money! Take a look at what the monthly payment would look like on the same house price with a rate from last year, this year, and next year. If you’re curious about what it would look like to start the home-buying process, let’s talk!
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