I don't have much to say about this article. It's really a graph showing how much a payment changes with a different interest rate. So, I'll just let you check it out. Hopefully, you'll get some benefit from it.
The Impact of Changing Mortgage Rates [INFOGRAPHIC]
Some Highlights
- If you’re looking to buy a home, you should know even a small change in mortgage rates has an impact on your purchasing power.
- These charts show how rates generally affect your monthly payment.
- 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.