How Changing Mortgage Rates Impact You [INFOGRAPHIC]
![Infographic showing different mortgage rates and the respective monthly payments for loans of $250,000, $450,000 and $800,000.
Images of Blue houses.](https://i0.wp.com/www.petermaclennan.com/wp-content/uploads/2024/02/image-3.png?resize=690%2C1505&ssl=1)
Some Highlights
- If you’re looking to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month.
- That’s because even a small change in mortgage rates can have a big impact on your purchasing power.
- The best way to navigate changing mortgage rates and make an informed buying decision is to rely on the expertise of a local real estate professional and mortgage lender.
If you are unsure of your monthly mortgage repayments for a potential property purchase, give Peter a call at 925-385-8798.