A one percent change in mortgage rates can shift your budget by about ten percent. In this quick video, I break it down into two simple scenarios: -More buying power with the same payment -Lower monthly payment on the same home price Every buyer’s situation is different, so these are illustrations only.
If you’d like to see what you qualify for in today’s market, reach out and we can review your options together. This video is for educational purposes only. Not a commitment to lend. Individual rates and payments vary based on credit, income, assets, loan type, and property.
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