Tag Archives: fixed rate mortgage

How Interest Rates Affect Your Monthly Payment

How Interest Rates Affect Your Monthly Payment

Home loan interest rates fluctuate over time and can be affected by certain changes in the market. When interest rates go higher, options might be more limited and you can potentially have less purchasing power. However, when rates go lower, your purchasing power increases as prices are much lower. Let’s shed a bit more light on all this. Continue reading

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