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.
At some point, you’ve probably heard the saying: “Yesterday was the best time to buy a home, but the next best time is today.”
Let’s talk about something you might not check nearly as often as your bank account – and that’s how much your home is worth.
Have you seen where mortgage rates have been lately?
