How Mortgage Rates Affect Your Monthly Payment

Friday, January 10, 2025   /   by Joyce Dungca

How Mortgage Rates Affect Your Monthly Payment




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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? Let’s connect.


  team raj jaggi, buyers, sellers, mortgage rates