The Impact of Changing Mortgage Rates

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. The charts below 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! At Bay Shores Real Estate we can help you understand the current market and introduce you to a trusted mortgage lender. Contact us today to learn more!